Bank of America Corp DE Has $719.41 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Bank of America Corp DE reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,352,037 shares of the company’s stock after selling 2,208,571 shares during the period. Bank of America Corp DE’s holdings in Schwab US Dividend Equity ETF were worth $719,411,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. First Command Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after purchasing an additional 77,785 shares during the period. BG Investment Services Inc. grew its position in Schwab US Dividend Equity ETF by 82.8% in the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after purchasing an additional 28,109 shares during the period. DMKC Advisory Services LLC increased its stake in Schwab US Dividend Equity ETF by 10.6% during the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after purchasing an additional 20,989 shares in the last quarter. Insight Inv LLC bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $682,000. Finally, JPMorgan Chase & Co. raised its holdings in Schwab US Dividend Equity ETF by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock worth $126,040,000 after buying an additional 95,857 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Schwab US Dividend Equity ETF stock opened at $30.87 on Tuesday. The firm has a market capitalization of $81.20 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s fifty day moving average price is $30.38 and its two-hundred day moving average price is $28.37. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95.

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.