Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,480 shares of the company’s stock after selling 245 shares during the period. L. Roy Papp & Associates LLP’s holdings in Schwab US Dividend Equity ETF were worth $271,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Central Pacific Bank Trust Division purchased a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $25,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $26,000. Iron Horse Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at $26,000. PFG Private Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $27,000. Finally, Olistico Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $28,000.

Schwab US Dividend Equity ETF Stock Up 1.4 %

SCHD stock traded up $1.18 during trading on Friday, hitting $83.52. The company had a trading volume of 2,482,949 shares, compared to its average volume of 3,234,449. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $83.56. The firm has a 50-day moving average price of $79.73 and a 200-day moving average price of $78.69. The firm has a market cap of $58.59 billion, a PE 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.