Schwab US Dividend Equity ETF $SCHD Position Trimmed by Caliber Wealth Management LLC KS

Caliber Wealth Management LLC KS reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,322 shares of the company’s stock after selling 21,893 shares during the period. Caliber Wealth Management LLC KS’s holdings in Schwab US Dividend Equity ETF were worth $4,322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Rakuten Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $1,127,144,000. Osaic Holdings Inc. grew its holdings in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares in the last quarter. DDD Partners LLC increased its position in Schwab US Dividend Equity ETF by 3,673.0% in the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after acquiring an additional 1,164,306 shares during the period. Envestnet Asset Management Inc. raised its stake in Schwab US Dividend Equity ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after acquiring an additional 1,083,206 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.6%

SCHD stock opened at $31.47 on Friday. The firm’s 50-day moving average is $28.42 and its two-hundred day moving average is $27.61. The company has a market capitalization of $82.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.49.

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.