Schwab US Dividend Equity ETF $SCHD is CVA Family Office LLC’s Largest Position

CVA Family Office LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,168,356 shares of the company’s stock after selling 146,795 shares during the quarter. Schwab US Dividend Equity ETF makes up 7.6% of CVA Family Office LLC’s investment portfolio, making the stock its biggest holding. CVA Family Office LLC owned approximately 0.08% of Schwab US Dividend Equity ETF worth $59,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Management Professionals Inc. raised its holdings in Schwab US Dividend Equity ETF by 241.9% in the second 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. PrairieView Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $39,000. Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $41,000. Finally, True Wealth Design LLC lifted its position in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after purchasing an additional 450 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.6%

Shares of SCHD stock opened at $29.15 on Thursday. The company has a market cap of $76.44 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm has a fifty day moving average price of $27.75 and a 200 day moving average price of $27.37. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.19.

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.