Great Lakes Advisors LLC Trims Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Great Lakes Advisors LLC lessened its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 27.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,295 shares of the company’s stock after selling 20,749 shares during the quarter. Great Lakes Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,943,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SCHD. LVM Capital Management Ltd. MI lifted its position in Schwab US Dividend Equity ETF by 45.0% during the second quarter. LVM Capital Management Ltd. MI now owns 23,343 shares of the company’s stock valued at $1,695,000 after purchasing an additional 7,240 shares during the period. West Oak Capital LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 5.5% in the 2nd quarter. West Oak Capital LLC now owns 24,876 shares of the company’s stock valued at $1,806,000 after buying an additional 1,296 shares during the period. Powers Advisory Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 10.3% in the second quarter. Powers Advisory Group LLC now owns 160,162 shares of the company’s stock worth $11,631,000 after buying an additional 15,005 shares during the last quarter. NewSquare Capital LLC grew its holdings in Schwab US Dividend Equity ETF by 4,672.7% during the second quarter. NewSquare Capital LLC now owns 525 shares of the company’s stock worth $38,000 after acquiring an additional 514 shares during the period. Finally, Theory Financial LLC raised its position in Schwab US Dividend Equity ETF by 2.8% during the first quarter. Theory Financial LLC now owns 47,815 shares of the company’s stock valued at $3,498,000 after acquiring an additional 1,318 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5 %

Shares of NYSEARCA:SCHD opened at $71.47 on Tuesday. The company has a market capitalization of $47.04 billion, a PE ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $79.49. The business has a 50 day moving average of $70.45 and a two-hundred day moving average of $71.91.

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.