Schwab US Dividend Equity ETF $SCHD Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 39.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 713,275 shares of the company’s stock after selling 457,379 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.3% of Ameritas Advisory Services LLC’s holdings, making the stock its 16th largest holding. Ameritas Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,472,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC boosted its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $240,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $31.34 on Friday. The company has a market capitalization of $82.43 billion, a P/E ratio of 14.57 and a beta of 0.77. The company has a 50 day simple moving average of $28.72 and a 200-day simple moving average of $27.72. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.77.

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.