Fjell Capital LLC Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

Fjell Capital LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 84.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,884 shares of the company’s stock after selling 53,588 shares during the period. Fjell Capital LLC’s holdings in Schwab US Dividend Equity ETF were worth $270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth about $1,031,129,000. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 2.9% in the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after purchasing an additional 796,001 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after purchasing an additional 1,083,206 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock worth $330,049,000 after buying an additional 412,988 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after buying an additional 1,217,005 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $28.55 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The firm has a market capitalization of $74.65 billion, a P/E ratio of 14.57 and a beta of 0.77. The company’s fifty day moving average price is $27.41 and its 200 day moving average price is $27.26.

About Schwab US Dividend Equity ETF

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.