Schwab US Dividend Equity ETF $SCHD Position Decreased by Equitable Trust Co.

Equitable Trust Co. cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 904,156 shares of the company’s stock after selling 111,061 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.2% of Equitable Trust Co.’s holdings, making the stock its 18th biggest position. Equitable Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $23,960,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $1,031,129,000. LPL Financial LLC lifted its stake in Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after acquiring an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after acquiring an additional 1,637,300 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after purchasing an additional 113,330 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.3%

Shares of Schwab US Dividend Equity ETF stock opened at $26.63 on Tuesday. The stock has a market cap of $69.53 billion, a PE ratio of 14.57 and a beta of 0.88. The business has a fifty day simple moving average of $27.36 and a 200-day simple moving average of $26.72. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.