Schwab US Dividend Equity ETF $SCHD Shares Sold by Marquette Asset Management LLC

by · The Markets Daily

Marquette Asset Management LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 76.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,495 shares of the company’s stock after selling 236,604 shares during the period. Schwab US Dividend Equity ETF makes up 0.3% of Marquette Asset Management LLC’s portfolio, making the stock its 21st biggest position. Marquette Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,006,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. MOKAN Wealth Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after acquiring an additional 6,985 shares during the period. Advisory Resource Group grew its position in Schwab US Dividend Equity ETF by 4.4% in the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,520 shares during the last quarter. DMKC Advisory Services LLC increased its stake in shares of Schwab US Dividend Equity ETF by 10.6% in the third 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 during the period. Welch Group LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 44.7% during the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock valued at $311,000 after buying an additional 3,624 shares during the last quarter. Finally, AE Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after buying an additional 37,403 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $28.55 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84. The firm has a market capitalization of $74.67 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a 50 day simple moving average of $27.41 and a 200 day simple moving average of $27.27.

Schwab US Dividend Equity ETF 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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