Raub Brock Capital Management LP Sells 30,359 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Raub Brock Capital Management LP lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 90.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,185 shares of the company’s stock after selling 30,359 shares during the quarter. Raub Brock Capital Management LP’s holdings in Schwab US Dividend Equity ETF were worth $257,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCHD. FMR LLC boosted its position in shares of Schwab US Dividend Equity ETF by 22.7% in the third quarter. FMR LLC now owns 64,312 shares of the company’s stock valued at $4,551,000 after acquiring an additional 11,906 shares during the period. Natixis Advisors L.P. bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $723,000. O Shaughnessy Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 151.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,385 shares of the company’s stock worth $98,000 after purchasing an additional 834 shares during the period. Trexquant Investment LP bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $512,000. Finally, Synovus Financial Corp lifted its position in Schwab US Dividend Equity ETF by 48.7% during the third quarter. Synovus Financial Corp now owns 12,356 shares of the company’s stock worth $874,000 after purchasing an additional 4,047 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD traded down $0.21 on Tuesday, hitting $77.20. 1,115,689 shares of the stock were exchanged, compared to its average volume of 3,304,296. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The business has a 50-day moving average of $78.12 and a two-hundred day moving average of $77.64. The firm has a market capitalization of $54.16 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.