Schwab US Dividend Equity ETF $SCHD Shares Sold by Sendero Wealth Management LLC

Sendero Wealth Management LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 217,126 shares of the company’s stock after selling 89,884 shares during the period. Sendero Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SCHD. MOKAN Wealth Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.9% in the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after buying an additional 6,985 shares during the last quarter. Advisory Resource Group grew its stake in Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after acquiring an additional 2,520 shares in the last quarter. Welch Group LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 44.7% in the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock valued at $311,000 after purchasing an additional 3,624 shares during the last quarter. Elevate Wealth Advisory Inc. boosted its stake in Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the last quarter. Finally, AE Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after buying an additional 37,403 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5%

Shares of SCHD opened at $27.60 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $28.84. The stock has a fifty day simple moving average of $27.11 and a two-hundred day simple moving average of $27.13. The company has a market capitalization of $71.37 billion, a PE ratio of 14.57 and a beta of 0.77.

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.