Disciplined Equity Management Inc. Sells 2,720 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Disciplined Equity Management Inc. trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 60.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,777 shares of the company’s stock after selling 2,720 shares during the quarter. Disciplined Equity Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $50,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SCHD. Bank of America Corp DE raised its stake in Schwab US Dividend Equity ETF by 569.6% in the fourth quarter. Bank of America Corp DE now owns 49,630,784 shares of the company’s stock valued at $1,355,913,000 after buying an additional 42,218,696 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 214.9% during the fourth quarter. LPL Financial LLC now owns 36,314,776 shares of the company’s stock valued at $992,120,000 after acquiring an additional 24,783,386 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $592,939,000. Avantax Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 205.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock valued at $710,419,000 after purchasing an additional 17,501,170 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 208.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 19,626,674 shares of the company’s stock worth $536,201,000 after purchasing an additional 13,264,762 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.2%

NYSEARCA:SCHD opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company has a market cap of $69.00 billion, a PE ratio of 15.93 and a beta of 0.82. The company’s 50 day moving average is $25.85 and its two-hundred day moving average is $27.26.

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.