Schwab US Dividend Equity ETF $SCHD Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 99,248 shares of the company’s stock after selling 49,399 shares during the period. Fifth Third Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,709,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Navigoe LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $100,000. Spinnaker Investment Group LLC raised its holdings in Schwab US Dividend Equity ETF by 14.1% in the 3rd quarter. Spinnaker Investment Group LLC now owns 1,843,388 shares of the company’s stock valued at $50,325,000 after acquiring an additional 227,418 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 432.1% during the 3rd quarter. Sound Income Strategies LLC now owns 33,089 shares of the company’s stock worth $893,000 after purchasing an additional 26,870 shares during the period. Foster Victor Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $433,000. Finally, Myecfo LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.3% during the third quarter. Myecfo LLC now owns 86,927 shares of the company’s stock worth $2,373,000 after purchasing an additional 1,936 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of NYSEARCA:SCHD opened at $27.46 on Monday. The company has a market cap of $71.01 billion, a P/E ratio of 14.57 and a beta of 0.77. The business has a fifty day simple moving average of $27.14 and a 200-day simple moving average of $27.15. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $28.84.

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.