Schwab US Dividend Equity ETF $SCHD Stock Sold by Titleist Asset Management LLC

Titleist Asset Management LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 167,167 shares of the company’s stock after selling 26,874 shares during the period. Titleist Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,438,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHD. Paradiem LLC purchased a new position in Schwab US Dividend Equity ETF during the first quarter worth about $56,258,000. Baer Investment Advisory LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $46,847,000. Royal Bank of Canada increased its stake in shares of 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 valued at $265,563,000 after acquiring an additional 660,876 shares during the last quarter. Ameritas Advisory Services LLC lifted its holdings in shares of 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 acquiring an additional 656,892 shares during the period. Finally, Asset One Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $18,791,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $0.36 during trading on Thursday, reaching $33.02. The company had a trading volume of 13,905,995 shares, compared to its average volume of 22,398,805. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The stock’s 50 day moving average price is $34.02 and its two-hundred day moving average price is $32.62. The firm has a market capitalization of $109.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.