ESL Trust Services LLC Reduces Position in Schwab US Dividend Equity ETF $SCHD

ESL Trust Services LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 96.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 64,113 shares of the company’s stock after selling 1,584,468 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 0.3% of ESL Trust Services LLC’s holdings, making the stock its 14th largest holding. ESL Trust Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,759,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Colorado Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after purchasing an additional 362 shares during the period. Westside Investment Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after purchasing an additional 383 shares during the period. International Private Wealth Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after purchasing an additional 397 shares during the period. Archer Investment Corp boosted its stake in shares of Schwab US Dividend Equity ETF by 5.0% during the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after purchasing an additional 404 shares during the period. Finally, Semus Wealth Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 0.8% during the fourth quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after purchasing an additional 411 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $32.18 on Tuesday. The firm has a market cap of $91.35 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $25.93 and a fifty-two week high of $32.91. The business has a 50 day moving average price of $31.34 and a 200-day moving average price of $29.92.

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.