Schwab US Dividend Equity ETF $SCHD Shares Sold by Kestra Investment Management LLC

Kestra Investment Management LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 59.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 15,933 shares of the company’s stock after selling 23,682 shares during the period. Kestra Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Kozak & Associates Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares during the period. Financial Management Professionals Inc. boosted its holdings in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares in the last quarter. PrairieView Partners LLC increased its position in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000. Finally, First Community Trust NA raised its stake in shares of Schwab US Dividend Equity ETF by 160.8% during the 2nd quarter. First Community Trust NA now owns 2,097 shares of the company’s stock worth $56,000 after buying an additional 1,293 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.76 on Tuesday. The stock’s 50 day moving average price is $27.10 and its 200 day moving average price is $27.12. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84. 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.