Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Short Interest Update

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,357,435 shares, a drop of 18.5% from the February 12th total of 5,347,724 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 20,593,855 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 20,593,855 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Schwab US Dividend Equity ETF

A number of institutional investors have recently modified their holdings of SCHD. Advisory Resource Group increased its holdings in Schwab US Dividend Equity ETF by 4.4% in the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after buying an additional 2,520 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after acquiring an additional 77,785 shares in the last quarter. BG Investment Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 82.8% during the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after acquiring an additional 28,109 shares in the last quarter. DMKC Advisory Services LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the period. Finally, Insight Inv LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $682,000.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of SCHD opened at $30.80 on Friday. The stock’s 50 day moving average is $30.32 and its two-hundred day moving average is $28.35. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.95. The firm has a market capitalization of $81.01 billion, a PE ratio of 14.57 and a beta of 0.77.

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.