Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,280 shares of the company’s stock after selling 346 shares during the period. Schwab US Dividend Equity ETF makes up about 1.2% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 29th largest holding. Smithbridge Asset Management Inc. DE’s holdings in Schwab US Dividend Equity ETF were worth $5,620,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Central Pacific Bank Trust Division acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth about $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth about $26,000. PFG Private Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth about $27,000. Olistico Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth about $28,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000.

Schwab US Dividend Equity ETF Stock Up 0.5 %

SCHD traded up $0.37 during trading on Friday, reaching $81.96. The company’s stock had a trading volume of 2,131,706 shares, compared to its average volume of 3,262,148. The firm has a fifty day simple moving average of $79.34 and a two-hundred day simple moving average of $78.55. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $83.19. The company has a market cap of $57.49 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.