Latitude Advisors LLC Sells 1,255 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Latitude Advisors LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,820 shares of the company’s stock after selling 1,255 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.1% of Latitude Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Latitude Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,509,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Moneta Group Investment Advisors LLC grew its position in Schwab US Dividend Equity ETF by 104,751.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock valued at $3,977,523,000 after purchasing an additional 52,604,309 shares during the last quarter. Cowa LLC grew its position in Schwab US Dividend Equity ETF by 6,644.7% during the 1st quarter. Cowa LLC now owns 6,270,318 shares of the company’s stock valued at $6,059,000 after purchasing an additional 6,177,351 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $228,390,000. Royal Bank of Canada grew its position in Schwab US Dividend Equity ETF by 102.3% during the 2nd quarter. Royal Bank of Canada now owns 3,829,139 shares of the company’s stock valued at $278,073,000 after purchasing an additional 1,935,958 shares during the last quarter. Finally, CI Private Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $135,502,000.

Schwab US Dividend Equity ETF Stock Up 0.2 %

Shares of NYSEARCA SCHD traded up $0.17 during trading on Wednesday, reaching $76.10. 504,366 shares of the company traded hands, compared to its average volume of 3,659,590. The firm has a 50 day simple moving average of $78.27 and a 200-day simple moving average of $74.86. The stock has a market capitalization of $53.33 billion, a PE ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82.

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.