Schwab US Dividend Equity ETF $SCHD Stock: DMKC Advisory Services LLC Trims Position

DMKC Advisory Services LLC decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.9% in the 3rd quarter, Holdings Channel reports. The firm owned 361,316 shares of the company’s stock after selling 107,446 shares during the period. Schwab US Dividend Equity ETF accounts for about 2.8% of DMKC Advisory Services LLC’s investment portfolio, making the stock its 9th biggest holding. DMKC Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,754,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCHD. Cpwa LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Cpwa LLC now owns 133,051 shares of the company’s stock worth $4,425,000 after buying an additional 2,496 shares during the period. Nemes Rush Group LLC increased its position in Schwab US Dividend Equity ETF by 22.0% in the 3rd quarter. Nemes Rush Group LLC now owns 2,481 shares of the company’s stock valued at $81,000 after acquiring an additional 448 shares during the period. Pinion Investment Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Pinion Investment Advisors LLC now owns 31,507 shares of the company’s stock valued at $1,025,000 after acquiring an additional 1,137 shares during the period. Montis Financial LLC increased its position in Schwab US Dividend Equity ETF by 3.8% in the 3rd quarter. Montis Financial LLC now owns 698,216 shares of the company’s stock valued at $22,713,000 after acquiring an additional 25,352 shares during the period. Finally, Gryphon Financial Partners LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $205,000.

Schwab US Dividend Equity ETF Stock Up 1.4%

SCHD opened at $35.65 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $26.51 and a 52 week high of $36.38. The business has a 50 day moving average price of $34.21 and a two-hundred day moving average price of $32.52. The company has a market cap of $121.30 billion, a PE ratio of 19.09 and a beta of 0.66.

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.