Schwab US Dividend Equity ETF $SCHD Shares Sold by Howard Financial Services LTD.

Howard Financial Services LTD. lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,955,537 shares of the company’s stock after selling 34,712 shares during the period. Schwab US Dividend Equity ETF comprises 6.3% of Howard Financial Services LTD.’s holdings, making the stock its 2nd largest holding. Howard Financial Services LTD. owned about 0.07% of Schwab US Dividend Equity ETF worth $53,640,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Ellis Investment Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares during the period. Harbor Group Inc. raised its position in Schwab US Dividend Equity ETF by 4.8% during the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after buying an additional 383 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares during the last quarter. Finally, Harbor Investment Advisory LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after buying an additional 410 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of SCHD stock opened at $30.64 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The stock has a market cap of $80.59 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock has a 50-day moving average of $30.65 and a 200-day moving average of $28.49.

About Schwab US Dividend Equity ETF

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.