Schwab US Dividend Equity ETF $SCHD Shares Sold by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.8% during the 3rd quarter, Holdings Channel reports. The firm owned 806,214 shares of the company’s stock after selling 199,168 shares during the period. Schwab US Dividend Equity ETF comprises about 8.3% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 4th biggest holding. Asset Allocation & Management Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $26,226,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Paradiem LLC purchased a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $56,258,000. Baer Investment Advisory LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $46,847,000. Royal Bank of Canada lifted its holdings in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after buying an additional 660,876 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 108.4% in the second quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock worth $40,045,000 after buying an additional 656,892 shares in the last quarter. Finally, Asset One Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $18,791,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of NYSEARCA:SCHD traded up $0.06 during midday trading on Tuesday, reaching $33.31. 11,645,350 shares of the company were exchanged, compared to its average volume of 22,345,283. The stock has a market cap of $110.93 billion, a PE ratio of 14.57 and a beta of 0.68. The business’s fifty day moving average is $34.01 and its two-hundred day moving average is $32.67. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31.

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.