Schwab US Dividend Equity ETF $SCHD Shares Sold by Equitable Trust Co.

Equitable Trust Co. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 691,136 shares of the company’s stock after selling 213,020 shares during the quarter. Schwab US Dividend Equity ETF comprises about 0.9% of Equitable Trust Co.’s holdings, making the stock its 28th biggest holding. Equitable Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $18,868,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ellis Investment Partners LLC increased its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares during the period. Harbor Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares in the last quarter. Westside Investment Management Inc. increased its position in shares of Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 3.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after acquiring an additional 402 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the third quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after acquiring an additional 410 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.1%

NYSEARCA:SCHD opened at $31.61 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.88. The firm has a market cap of $83.14 billion, a PE ratio of 14.57 and a beta of 0.77. The stock has a fifty day moving average price of $29.20 and a 200 day moving average price of $27.93.

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.