Schwab US Dividend Equity ETF $SCHD Stock Sold by Stewardship Concepts Financial Services LLC

Stewardship Concepts Financial Services LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 282,125 shares of the company’s stock after selling 22,330 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 6.0% of Stewardship Concepts Financial Services LLC’s investment portfolio, making the stock its 4th largest holding. Stewardship Concepts Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,178,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Paradiem LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at $56,258,000. Baer Investment Advisory LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $46,847,000. Royal Bank of Canada increased its stake in Schwab US Dividend Equity ETF by 8.3% during the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after buying an additional 660,876 shares during the period. Ameritas Advisory Services LLC increased its stake in Schwab US Dividend Equity ETF by 108.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock worth $40,045,000 after buying an additional 656,892 shares during the period. Finally, Asset One Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $18,791,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

NYSEARCA:SCHD traded up $0.13 on Tuesday, reaching $32.85. The stock had a trading volume of 19,863,109 shares, compared to its average volume of 22,454,807. The company has a 50-day moving average of $34.07 and a 200 day moving average of $32.59. The stock has a market cap of $108.95 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.

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.