25,265 Schwab US Dividend Equity ETF $SCHD Shares Sold by Monetary Solutions Ltd

Monetary Solutions Ltd trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 367,846 shares of the company’s stock after selling 25,265 shares during the period. Schwab US Dividend Equity ETF comprises approximately 10.3% of Monetary Solutions Ltd’s portfolio, making the stock its biggest holding. Monetary Solutions Ltd’s holdings in Schwab US Dividend Equity ETF were worth $11,966,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC purchased a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $26,000. DiNuzzo Private Wealth Inc. acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter worth about $32,000. Signature Resources Capital Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 53.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $72,000.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $35.40 on Friday. The firm has a market cap of $118.71 billion, a price-to-earnings 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 $35.45. The stock has a 50-day simple moving average of $34.05 and a 200-day simple moving average of $32.88.

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.