Glass Jacobson Investment Advisors llc Sells 8,927 Shares of Schwab US Dividend Equity ETF $SCHD

Glass Jacobson Investment Advisors llc trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,814 shares of the company’s stock after selling 8,927 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Schwab US Dividend Equity ETF were worth $1,082,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SCHD. Keystone Financial Planning Inc. increased its position in shares of Schwab US Dividend Equity ETF by 15.6% during the second quarter. Keystone Financial Planning Inc. now owns 6,342,618 shares of the company’s stock valued at $168,079,000 after acquiring an additional 854,298 shares in the last quarter. Washington Trust Advisors Inc. grew its position in Schwab US Dividend Equity ETF by 29.1% during the second quarter. Washington Trust Advisors Inc. now owns 42,038 shares of the company’s stock valued at $1,114,000 after buying an additional 9,480 shares during the period. DDD Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3,673.0% during the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after acquiring an additional 1,164,306 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth $2,663,000. Finally, West Michigan Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 3.7% in the 2nd quarter. West Michigan Advisors LLC now owns 55,672 shares of the company’s stock worth $1,475,000 after acquiring an additional 1,967 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.03 on Friday. The company has a market capitalization of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The firm’s 50 day simple moving average is $27.34 and its two-hundred day simple moving average is $26.74.

Schwab US Dividend Equity ETF 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.