D.A. Davidson & CO. Has $60.05 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

D.A. Davidson & CO. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,957,156 shares of the company’s stock after selling 274,903 shares during the quarter. D.A. Davidson & CO. owned approximately 0.07% of Schwab US Dividend Equity ETF worth $60,046,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. grew its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $25,000. Field & Main Bank bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of NYSEARCA SCHD opened at $32.34 on Thursday. The business’s 50 day moving average is $32.20 and its two-hundred day moving average is $31.01. The company has a market cap of $98.42 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 $26.21 and a 12 month high of $32.92.

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.