CENTRAL TRUST Co Sells 54,917 Shares of Schwab US Dividend Equity ETF $SCHD

CENTRAL TRUST Co decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 889,216 shares of the company’s stock after selling 54,917 shares during the period. CENTRAL TRUST Co’s holdings in Schwab US Dividend Equity ETF were worth $27,281,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Sumitomo Life Insurance Co. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $847,665,000. Wells Fargo & Company MN boosted its stake in shares of Schwab US Dividend Equity ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. boosted its position in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Schwab US Dividend Equity ETF by 4.0% during the 4th quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock valued at $219,304,000 after acquiring an additional 304,047 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $32.02 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $26.16 and a 1 year high of $32.92. The stock’s fifty day moving average price is $31.88 and its two-hundred day moving average price is $30.49. The firm has a market cap of $90.90 billion, a PE ratio of 14.57 and a beta of 0.67.

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.