Blair William & Co. IL Has $7.66 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Blair William & Co. IL trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 94,939 shares of the company’s stock after selling 3,044 shares during the quarter. Blair William & Co. IL’s holdings in Schwab US Dividend Equity ETF were worth $7,655,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Charles Schwab Investment Advisory Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 0.4% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock worth $783,833,000 after buying an additional 40,493 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 4.0% in the first quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock valued at $626,914,000 after purchasing an additional 299,496 shares in the last quarter. Sumitomo Life Insurance Co. increased its stake in Schwab US Dividend Equity ETF by 110.7% in the first quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock valued at $471,352,000 after purchasing an additional 3,320,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 11.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 5,712,485 shares of the company’s stock valued at $460,598,000 after purchasing an additional 604,844 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Schwab US Dividend Equity ETF by 7.1% in the first quarter. Commonwealth Equity Services LLC now owns 4,444,733 shares of the company’s stock valued at $358,379,000 after purchasing an additional 292,782 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD traded down $0.49 during trading hours on Friday, hitting $81.12. The stock had a trading volume of 2,232,474 shares, compared to its average volume of 3,292,323. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $82.94. The company has a market cap of $56.91 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average is $78.38 and its 200-day moving average is $77.88.

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.