Schwab US Dividend Equity ETF $SCHD Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 797,743 shares of the company’s stock after selling 206,531 shares during the period. TD Private Client Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $21,778,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Kozak & Associates Inc. grew its holdings in shares of 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 worth $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. grew its position in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. purchased 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 stake in Schwab US Dividend Equity ETF in the 3rd quarter worth about $41,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $28.50 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The company has a 50-day moving average of $27.45 and a 200-day moving average of $27.28. The company has a market cap of $74.54 billion, a P/E 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.