Schwab US Dividend Equity ETF $SCHD Stake Reduced by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 74.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 320,278 shares of the company’s stock after selling 920,793 shares during the period. YHB Investment Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,419,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $26,000. DiNuzzo Private Wealth Inc. acquired a new position in Schwab US Dividend Equity ETF during the second quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new stake in Schwab US Dividend Equity ETF in the first quarter valued at $32,000. Investment Counsel Co. of Nevada purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $38,000. Finally, Signature Resources Capital Management LLC grew its position in 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 during the period.

Schwab US Dividend Equity ETF Trading Up 1.1%

Shares of NYSEARCA SCHD traded up $0.36 during trading on Thursday, reaching $33.02. 13,905,995 shares of the company traded hands, compared to its average volume of 22,398,805. The firm’s fifty day simple moving average is $34.02 and its 200 day simple moving average is $32.62. The stock has a market cap of $109.77 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31.

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.