Schwab US Dividend Equity ETF $SCHD Position Lowered by Silver Coast Investments LLC

Silver Coast Investments LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.6% in the third quarter, Holdings Channel reports. The firm owned 824,324 shares of the company’s stock after selling 129,739 shares during the period. Schwab US Dividend Equity ETF makes up about 7.7% of Silver Coast Investments LLC’s investment portfolio, making the stock its 4th biggest position. Silver Coast Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $22,504,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Financial Management Professionals Inc. lifted its position in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares in the last quarter. PrairieView Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $39,000. Independence Bank of Kentucky acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $41,000. Finally, True Wealth Design LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after acquiring an additional 450 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of Schwab US Dividend Equity ETF stock opened at $28.70 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.11. The stock has a market cap of $75.26 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company has a fifty day moving average price of $27.71 and a 200 day moving average price of $27.36.

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.