Schwab US Dividend Equity ETF $SCHD Shares Sold by First Heartland Consultants Inc.

First Heartland Consultants Inc. lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 123,486 shares of the company’s stock after selling 17,092 shares during the period. First Heartland Consultants Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,371,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHD. Biltmore Family Office LLC raised its position in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Independence Bank of Kentucky purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $41,000. True Wealth Design LLC boosted its holdings in shares of 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 worth $41,000 after buying an additional 450 shares during the period. Total Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter worth approximately $43,000. Finally, Morton Brown Family Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 41.2% during the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock valued at $45,000 after acquiring an additional 477 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $31.53 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.88. The firm has a market capitalization of $82.93 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company has a 50 day moving average price of $29.27 and a 200 day moving average price of $27.97.

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.