Captrust Financial Advisors Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Captrust Financial Advisors lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,699,384 shares of the company’s stock after selling 170,611 shares during the period. Captrust Financial Advisors owned about 0.07% of Schwab US Dividend Equity ETF worth $46,393,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHD. Rakuten Investment Management Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Osaic Holdings Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares during the last quarter. Avantax Planning Partners Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after purchasing an additional 280,277 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 18.0% in the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $30.58 on Thursday. The firm has a market cap of $80.43 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s fifty day moving average is $30.49 and its 200 day moving average is $28.41. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95.

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.