Appleton Partners Inc. MA Sells 413 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Appleton Partners Inc. MA decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,519 shares of the company’s stock after selling 413 shares during the quarter. Appleton Partners Inc. MA’s holdings in Schwab US Dividend Equity ETF were worth $662,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. Traynor Capital Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after purchasing an additional 2,142 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 332.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock worth $1,532,000 after buying an additional 14,614 shares during the period. Apexium Financial LP increased its stake in Schwab US Dividend Equity ETF by 27.0% in the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after buying an additional 60,972 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in Schwab US Dividend Equity ETF by 576.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock valued at $956,000 after acquiring an additional 10,106 shares during the period. Finally, Commerce Bank lifted its position in shares of Schwab US Dividend Equity ETF by 34.8% in the fourth quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after acquiring an additional 9,636 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.2 %

SCHD stock traded down $0.96 during mid-day trading on Friday, hitting $80.80. The company had a trading volume of 3,486,897 shares, compared to its average volume of 3,273,164. The company has a 50-day moving average price of $78.85 and a 200 day moving average price of $78.30. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $83.19. The company has a market capitalization of $56.68 billion, a price-to-earnings 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.