Modus Advisors LLC Has $1.59 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Modus Advisors LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.8% in the first quarter, HoldingsChannel reports. The firm owned 19,693 shares of the company’s stock after selling 361 shares during the period. Modus Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,588,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $228,390,000. Focus Financial Network Inc. ADV acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $95,831,000. International Assets Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $89,561,000. LPL Financial LLC raised its stake in shares of Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares in the last quarter. Finally, DDD Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF by 12,161.9% in the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after acquiring an additional 484,167 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded up $0.34 during trading on Tuesday, reaching $77.64. The company had a trading volume of 1,988,861 shares, compared to its average volume of 3,322,495. The firm’s 50 day simple moving average is $77.95 and its two-hundred day simple moving average is $77.31. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The company has a market capitalization of $54.46 billion, a PE ratio of 15.04 and a beta of 0.74.

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.