Schwab US Dividend Equity ETF $SCHD Shares Sold by TFB Advisors LLC

TFB Advisors LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.6% in the second quarter, HoldingsChannel.com reports. The firm owned 14,178 shares of the company’s stock after selling 2,812 shares during the quarter. TFB Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $376,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHD. Brighton Jones LLC lifted its position in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 6.6% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 192,133 shares of the company’s stock valued at $5,372,000 after acquiring an additional 11,926 shares during the last quarter. Finally, GHP Investment Advisors Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 2.2% during the 1st quarter. GHP Investment Advisors Inc. now owns 72,876 shares of the company’s stock valued at $2,038,000 after acquiring an additional 1,535 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $26.99 on Thursday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The stock has a fifty day moving average of $27.35 and a 200-day moving average of $26.71. The company has a market capitalization of $70.11 billion, a PE ratio of 14.57 and a beta of 0.88.

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.