Ameritas Advisory Services LLC Sells 617,411 Shares of Schwab US Dividend Equity ETF $SCHD

Ameritas Advisory Services LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,170,654 shares of the company’s stock after selling 617,411 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.6% of Ameritas Advisory Services LLC’s portfolio, making the stock its 12th largest holding. Ameritas Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $31,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of SCHD. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $1,031,129,000. Wealthspire Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after buying an additional 14,410,724 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares during the last quarter. Cresset Asset Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 37.5% in the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of NYSEARCA SCHD opened at $27.34 on Friday. The business has a fifty day simple moving average of $27.33 and a 200 day simple moving average of $26.77. The firm has a market capitalization of $71.31 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72.

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.