Schwab US Dividend Equity ETF (SCHD) Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,596 shares of the company’s stock after selling 4,838 shares during the quarter. Baird Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHD. FTB Advisors Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $109,000. Summit Trail Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4,799.0% during the 1st quarter. Summit Trail Advisors LLC now owns 129,481 shares of the company’s stock valued at $129,000 after acquiring an additional 126,838 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $151,000. Kiley Juergens Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $187,000. Finally, Comerica Bank acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter worth approximately $216,000.

SCHD opened at $53.46 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $46.42 and a 1 year high of $54.60.

Read More: Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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