Schwab US Dividend Equity ETF $SCHD Shares Sold by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 806,214 shares of the company’s stock after selling 199,168 shares during the quarter. Schwab US Dividend Equity ETF makes up about 8.3% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 4th largest holding. Asset Allocation & Management Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $26,226,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SCHD. Sax Wealth Advisors LLC increased its position in Schwab US Dividend Equity ETF by 14.4% in the third quarter. Sax Wealth Advisors LLC now owns 45,132 shares of the company’s stock worth $1,468,000 after buying an additional 5,688 shares in the last quarter. Fermata Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 3rd quarter. Fermata Advisors LLC now owns 91,854 shares of the company’s stock valued at $2,988,000 after buying an additional 3,086 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of Schwab US Dividend Equity ETF by 9.8% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 33,705 shares of the company’s stock valued at $1,117,000 after buying an additional 3,001 shares in the last quarter. Avior Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $12,540,000. Finally, Scott Capital Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Scott Capital Advisors LLC now owns 1,727,332 shares of the company’s stock valued at $56,397,000 after acquiring an additional 8,951 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.2%

Schwab US Dividend Equity ETF stock traded up $0.06 during midday trading on Tuesday, hitting $33.31. The stock had a trading volume of 11,645,350 shares, compared to its average volume of 22,345,283. The firm’s fifty day moving average is $34.01 and its two-hundred day moving average is $32.67. The company has a market capitalization of $110.93 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31.

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.