Schwab US Dividend Equity ETF $SCHD Holdings Trimmed by Trek Financial LLC

by · The Markets Daily

Trek Financial LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 15.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,078 shares of the company’s stock after selling 34,327 shares during the quarter. Trek Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,086,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after purchasing an additional 354,983 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after acquiring an additional 324,778 shares in the last quarter. Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares during the period. Keystone Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after purchasing an additional 29,169 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. Kestra Advisory Services LLC now owns 3,523,127 shares of the company’s stock worth $108,090,000 after purchasing an additional 126,902 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $35.78 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $36.10. The company’s 50-day moving average is $34.13 and its 200 day moving average is $32.32. The stock has a market capitalization of $120.80 billion, a P/E ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company Profile

(Free Report)

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.

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