Lyell Wealth Management LP reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,935 shares of the company’s stock after selling 910 shares during the quarter. Lyell Wealth Management LP’s holdings in Schwab US Dividend Equity ETF were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the second quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at $26,000. Iron Horse Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $26,000. Finally, PFG Private Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $27,000.
Schwab US Dividend Equity ETF Trading Up 0.9 %
Shares of NYSEARCA SCHD opened at $83.36 on Friday. The stock has a market cap of $58.48 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average price is $81.56 and its 200 day moving average price is $79.41. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $84.57.
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.
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