Trivium Point Advisory LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 74.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,949 shares of the company’s stock after selling 26,144 shares during the period. Trivium Point Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $244,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brand Asset Management Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $860,000. Dunhill Financial LLC boosted its stake in Schwab US Dividend Equity ETF by 31.3% during the 3rd quarter. Dunhill Financial LLC now owns 2,447 shares of the company’s stock valued at $67,000 after purchasing an additional 583 shares in the last quarter. TIAA Trust National Association increased its position in shares of Schwab US Dividend Equity ETF by 16.5% during the 3rd quarter. TIAA Trust National Association now owns 55,063 shares of the company’s stock valued at $1,503,000 after purchasing an additional 7,779 shares during the period. Northwest Quadrant Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 4.3% in the 3rd quarter. Northwest Quadrant Wealth Management LLC now owns 1,591,311 shares of the company’s stock worth $43,443,000 after buying an additional 66,143 shares in the last quarter. Finally, Choreo LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.4% in the third quarter. Choreo LLC now owns 1,360,107 shares of the company’s stock valued at $37,159,000 after buying an additional 31,737 shares during the period.
Schwab US Dividend Equity ETF Stock Up 0.8%
Shares of SCHD stock opened at $31.77 on Monday. The stock has a 50-day simple moving average of $29.60 and a 200 day simple moving average of $28.10. The stock has a market capitalization of $83.56 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.88.
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.
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