Schwab US Dividend Equity ETF $SCHD Shares Sold by CacheTech Inc.

CacheTech Inc. trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 76.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 7,970 shares of the company’s stock after selling 25,317 shares during the period. CacheTech Inc.’s holdings in Schwab US Dividend Equity ETF were worth $211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kozak & Associates Inc. boosted its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares during the period. PrairieView Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth about $39,000. Finally, Total Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth about $43,000.

Schwab US Dividend Equity ETF Stock Up 0.3%

SCHD opened at $27.76 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $28.84. The business has a 50 day moving average price of $27.10 and a two-hundred day moving average price of $27.12. The company has a market cap of $71.78 billion, a PE ratio of 14.57 and a beta of 0.77.

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.