Ameriprise Financial Inc. Has $254.05 Million Position in Schwab US Dividend Equity ETF $SCHD

Ameriprise Financial Inc. trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 37.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,298,376 shares of the company’s stock after selling 5,489,564 shares during the period. Ameriprise Financial Inc. owned about 0.36% of Schwab US Dividend Equity ETF worth $254,053,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC lifted its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the period. Finally, United Bank lifted its holdings in Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $30.87 on Tuesday. The business has a fifty day simple moving average of $30.38 and a 200 day simple moving average of $28.37. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The company has a market capitalization of $81.20 billion, a PE ratio of 14.57 and a beta of 0.77.

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.