Schwab US Dividend Equity ETF $SCHD Shares Sold by Transce3nd LLC

Transce3nd LLC trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 98.7% during the third quarter, HoldingsChannel reports. The fund owned 1,386 shares of the company’s stock after selling 108,355 shares during the quarter. Transce3nd LLC’s holdings in Schwab US Dividend Equity ETF were worth $36,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Biltmore Family Office LLC lifted 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 last quarter. Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF in the third quarter valued at about $41,000. True Wealth Design LLC raised its stake in Schwab US Dividend Equity ETF by 42.9% during 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 in the last quarter. Total Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $43,000. Finally, Morton Brown Family Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 41.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after buying an additional 477 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of NYSEARCA SCHD opened at $31.77 on Friday. The company has a market capitalization of $83.56 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.88. The business has a 50 day simple moving average of $29.60 and a 200-day simple moving average of $28.09.

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.