Sei Investments Co. Trims Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sei Investments Co. decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,592 shares of the company’s stock after selling 3,410 shares during the quarter. Sei Investments Co.’s holdings in Schwab US Dividend Equity ETF were worth $5,178,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in SCHD. Central Pacific Bank Trust Division bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. bought a new position in Schwab US Dividend Equity ETF in the second quarter worth $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Schwab US Dividend Equity ETF during the first quarter valued at $26,000. Iron Horse Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at $26,000. Finally, PFG Private Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth about $27,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $84.48 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $85.24. The firm has a 50-day moving average of $82.55 and a 200 day moving average of $79.87. The stock has a market cap of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF 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.