42,071 Schwab US Dividend Equity ETF $SCHD Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 66.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,415 shares of the company’s stock after selling 42,071 shares during the period. Teamwork Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $697,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Summit Financial Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $63,803,000. Paradiem LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $56,258,000. Baer Investment Advisory LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $46,847,000. Stonehearth Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,481,000. Finally, Hengehold Capital Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $21,822,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded down $0.11 during trading on Monday, hitting $34.24. 20,308,307 shares of the company traded hands, compared to its average volume of 22,457,543. The firm has a market capitalization of $114.58 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The company has a 50-day moving average of $34.01 and a 200-day moving average of $32.79.

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.