Asset Advisors Investment Management LLC Trims Position in Schwab US Dividend Equity ETF $SCHD

Asset Advisors Investment Management LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,642,822 shares of the company’s stock after selling 79,563 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.8% of Asset Advisors Investment Management LLC’s holdings, making the stock its 3rd largest holding. Asset Advisors Investment Management LLC owned about 0.10% of Schwab US Dividend Equity ETF worth $72,149,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SCHD. MassMutual Private Wealth & Trust FSB grew its holdings in Schwab US Dividend Equity ETF by 68.9% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 64,225 shares of the company’s stock worth $1,753,000 after buying an additional 26,200 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 18.0% in the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after buying an additional 1,005,469 shares in the last quarter. Galvin Gaustad & Stein LLC increased its stake in Schwab US Dividend Equity ETF by 8.4% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 49,850 shares of the company’s stock worth $1,361,000 after purchasing an additional 3,860 shares in the last quarter. Capital & Planning LLC lifted its position in shares of Schwab US Dividend Equity ETF by 92.4% in the 3rd quarter. Capital & Planning LLC now owns 17,002 shares of the company’s stock valued at $464,000 after acquiring an additional 8,164 shares in the last quarter. Finally, Barry Investment Advisors LLC raised its position in Schwab US Dividend Equity ETF by 8.8% during the third quarter. Barry Investment Advisors LLC now owns 225,723 shares of the company’s stock valued at $6,162,000 after buying an additional 18,282 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.6%

SCHD opened at $28.09 on Wednesday. The stock has a market cap of $73.28 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The stock has a fifty day moving average price of $27.32 and a 200 day moving average price of $27.23.

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.