Monetary Solutions Ltd Sells 25,265 Shares of Schwab US Dividend Equity ETF $SCHD

Monetary Solutions Ltd decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 367,846 shares of the company’s stock after selling 25,265 shares during the period. Schwab US Dividend Equity ETF makes up approximately 10.3% of Monetary Solutions Ltd’s portfolio, making the stock its largest position. Monetary Solutions Ltd’s holdings in Schwab US Dividend Equity ETF were worth $11,966,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Sharkey Howes & Javer acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth about $672,000. Brookstone Capital Management bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $71,011,000. Ledyard National Bank boosted its stake in shares of Schwab US Dividend Equity ETF by 16.4% during the 3rd quarter. Ledyard National Bank now owns 956,251 shares of the company’s stock worth $31,107,000 after acquiring an additional 134,724 shares in the last quarter. SeaCrest Wealth Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 21.2% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 146,571 shares of the company’s stock worth $4,768,000 after acquiring an additional 25,645 shares in the last quarter. Finally, NBT Bank N.A. acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $8,774,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $35.40 on Friday. The business’s 50-day simple moving average is $34.05 and its 200-day simple moving average is $32.88. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.45. The firm has a market cap of $118.71 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.