Baird Financial Group Inc. Sells 4,838 Shares of Schwab US Dividend Equity ETF (SCHD)

Baird Financial Group Inc. cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,596 shares of the company’s stock after selling 4,838 shares during the period. Baird Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,100,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its position in shares of Schwab US Dividend Equity ETF by 50.8% in the 2nd quarter. Renaissance Technologies LLC now owns 9,500 shares of the company’s stock worth $468,000 after buying an additional 3,200 shares in the last quarter. Captrust Financial Advisors raised its stake in Schwab US Dividend Equity ETF by 3.5% in the 2nd quarter. Captrust Financial Advisors now owns 35,106 shares of the company’s stock valued at $1,730,000 after purchasing an additional 1,183 shares during the last quarter. Asset Dedication LLC raised its stake in Schwab US Dividend Equity ETF by 97.4% in the 2nd quarter. Asset Dedication LLC now owns 36,323 shares of the company’s stock valued at $1,789,000 after purchasing an additional 17,926 shares during the last quarter. Acorn Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 3.3% in the 2nd quarter. Acorn Wealth Advisors LLC now owns 144,647 shares of the company’s stock valued at $7,118,000 after purchasing an additional 4,576 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Schwab US Dividend Equity ETF by 73.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 406,990 shares of the company’s stock valued at $20,060,000 after purchasing an additional 172,141 shares during the last quarter.

Shares of SCHD stock opened at $53.46 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $46.42 and a twelve month high of $54.60.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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