Schwab US Dividend Equity ETF $SCHD Shares Sold by ESL Trust Services LLC

ESL Trust Services LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 81.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 11,867 shares of the company’s stock after selling 52,246 shares during the period. ESL Trust Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $364,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SCHD. Wells Fargo & Company MN boosted its position in Schwab US Dividend Equity ETF by 5.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after purchasing an additional 552,907 shares during the period. Avantax Planning Partners Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Schwab US Dividend Equity ETF by 4.0% in the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after buying an additional 304,047 shares during the period. Finally, Cibc World Market Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.5%

Shares of NYSEARCA:SCHD opened at $32.75 on Tuesday. The company has a market capitalization of $100.06 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company has a 50 day moving average of $32.28 and a two-hundred day moving average of $31.12. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $33.50.

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.