Howard Financial Services LTD. Sells 41,824 Shares of Schwab US Dividend Equity ETF $SCHD

Howard Financial Services LTD. trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,990,249 shares of the company’s stock after selling 41,824 shares during the quarter. Schwab US Dividend Equity ETF accounts for 6.6% of Howard Financial Services LTD.’s portfolio, making the stock its 2nd largest position. Howard Financial Services LTD.’s holdings in Schwab US Dividend Equity ETF were worth $54,334,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Kozak & Associates Inc. increased its stake in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 57.3% during 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 during the period. Financial Management Professionals Inc. grew its holdings in shares of 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 valued at $34,000 after acquiring an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth $39,000. Finally, Independence Bank of Kentucky purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $41,000.

Schwab US Dividend Equity ETF Trading Down 0.7%

SCHD opened at $27.90 on Thursday. The stock has a market cap of $72.95 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The stock has a fifty day moving average price of $27.34 and a 200 day moving average price of $27.23.

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.