Schwab US Dividend Equity ETF $SCHD Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 434,143 shares of the company’s stock after selling 64,069 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,852,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Biltmore Family Office LLC raised its stake in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the last quarter. PrairieView Partners LLC increased its stake in 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 during the period. Independence Bank of Kentucky purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $41,000. True Wealth Design LLC raised its position in Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after buying an additional 450 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $43,000.

Schwab US Dividend Equity ETF Stock Up 1.6%

Shares of NYSEARCA:SCHD opened at $31.47 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.49. The firm’s 50-day simple moving average is $28.42 and its 200-day simple moving average is $27.61. The company has a market cap of $82.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.