71,349 Schwab US Dividend Equity ETF $SCHD Shares Sold by Islay Capital Management LLC

Islay Capital Management LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 407,788 shares of the company’s stock after selling 71,349 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.2% of Islay Capital Management LLC’s portfolio, making the stock its 2nd largest position. Islay Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,265,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Cahill Financial Advisors Inc. increased its position in Schwab US Dividend Equity ETF by 6.2% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after purchasing an additional 22,218 shares during the period. Dominguez Wealth Management Solutions Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 434.1% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock valued at $6,805,000 after purchasing an additional 170,021 shares in the last quarter. Bangor Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $2,480,000. HB Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 8.4% in the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock valued at $56,462,000 after acquiring an additional 137,402 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after acquiring an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.35 during trading on Tuesday, hitting $34.59. 12,536,208 shares of the company traded hands, compared to its average volume of 22,405,313. The business’s fifty day moving average is $34.01 and its 200 day moving average is $32.79. The firm has a market capitalization of $115.72 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week 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.