Plancorp LLC Sells 1,888 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Plancorp LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,381 shares of the company’s stock after selling 1,888 shares during the quarter. Plancorp LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,352,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. LPL Financial LLC boosted its stake in Schwab US Dividend Equity ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 11,180,518 shares of the company’s stock worth $869,397,000 after acquiring an additional 339,256 shares during the last quarter. Charles Schwab Investment Advisory Inc. lifted its holdings in 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 acquiring an additional 40,493 shares in the last quarter. Sumitomo Life Insurance Co. lifted its holdings in Schwab US Dividend Equity ETF by 41.5% during the second quarter. Sumitomo Life Insurance Co. now owns 8,940,000 shares of the company’s stock worth $677,625,000 after acquiring an additional 2,620,000 shares in the last quarter. Avantax Advisory Services Inc. grew 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 acquiring an additional 299,496 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 2.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,851,505 shares of the company’s stock worth $455,013,000 after acquiring an additional 139,020 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $84.12 on Tuesday. The business’s 50-day simple moving average is $81.70 and its 200-day simple moving average is $79.47. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $84.57. The stock has a market capitalization of $59.01 billion, a PE 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.