Signature Estate & Investment Advisors LLC Trims Stock Position in Schwab US Dividend Equity ETF $SCHD

Signature Estate & Investment Advisors LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 434,143 shares of the company’s stock after selling 64,069 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,852,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Biltmore Family Office LLC boosted its position in shares of Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the period. PrairieView Partners LLC increased its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the period. Independence Bank of Kentucky purchased a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $41,000. True Wealth Design LLC lifted its stake in Schwab US Dividend Equity ETF by 42.9% in the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the last quarter. Finally, Total Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $43,000.

Schwab US Dividend Equity ETF Trading Up 1.6%

Shares of SCHD opened at $31.47 on Friday. The company’s 50 day simple moving average is $28.42 and its 200-day simple moving average is $27.61. The firm has a market cap of $82.77 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.49.

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.