Schwab US Dividend Equity ETF $SCHD Shares Sold by Equitable Trust Co.

Equitable Trust Co. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 648,025 shares of the company’s stock after selling 48,212 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.9% of Equitable Trust Co.’s holdings, making the stock its 24th largest position. Equitable Trust Co.’s holdings in Schwab US Dividend Equity ETF were worth $19,881,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. MeadowBrook Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after purchasing an additional 325 shares during the period. Semus Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after buying an additional 347 shares in the last quarter. Colorado Capital Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares in the last quarter. First Pacific Financial raised its position in shares of Schwab US Dividend Equity ETF by 8.9% in the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock worth $144,000 after acquiring an additional 383 shares during the period. Finally, International Private Wealth Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD stock opened at $32.26 on Friday. The company has a market capitalization of $97.68 billion, a P/E ratio of 14.57 and a beta of 0.68. The business’s 50 day moving average is $32.15 and its two-hundred day moving average is $30.87. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92.

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.