Thoroughbred Financial Services LLC Sells 209,056 Shares of Schwab US Dividend Equity ETF $SCHD

Thoroughbred Financial Services LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 44.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 262,619 shares of the company’s stock after selling 209,056 shares during the period. Thoroughbred Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kozak & Associates Inc. increased its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares in the last quarter. PrairieView Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the period. Financial Management Professionals Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $39,000. Finally, Keystone Global Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter worth $56,000.

Schwab US Dividend Equity ETF Trading Up 0.1%

Shares of NYSEARCA SCHD opened at $27.24 on Friday. The firm has a market capitalization of $70.44 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s 50-day moving average price is $27.08 and its 200-day moving average price is $26.90. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF Company Profile

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.