Hengehold Capital Management LLC Sells 363,621 Shares of Schwab US Dividend Equity ETF $SCHD

Hengehold Capital Management LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 38.0% during the third quarter, HoldingsChannel.com reports. The fund owned 592,499 shares of the company’s stock after selling 363,621 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.4% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 18th biggest holding. Hengehold Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,175,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHD. Kozak & Associates Inc. raised its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares during the period. PrairieView Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. raised its stake in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in Schwab US Dividend Equity ETF during the second quarter worth about $39,000. Finally, Independence Bank of Kentucky acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $41,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.64 on Friday. The company has a market capitalization of $71.47 billion, a P/E ratio of 14.57 and a beta of 0.77. The business has a 50-day moving average of $27.23 and a two-hundred day moving average of $27.18. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84.

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.