Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Decreased by Bell Bank

Bell Bank lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 34,061 shares of the company’s stock after selling 9,763 shares during the period. Bell Bank’s holdings in Schwab US Dividend Equity ETF were worth $952,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Insigneo Advisory Services LLC increased its position in shares of Schwab US Dividend Equity ETF by 13.0% in the 1st quarter. Insigneo Advisory Services LLC now owns 175,114 shares of the company’s stock worth $4,896,000 after purchasing an additional 20,108 shares during the last quarter. Demars Financial Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Demars Financial Group LLC now owns 833,124 shares of the company’s stock worth $23,294,000 after purchasing an additional 27,976 shares during the last quarter. Pacific Capital Wealth Advisors Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 11.4% in the 1st quarter. Pacific Capital Wealth Advisors Inc. now owns 599,235 shares of the company’s stock valued at $16,755,000 after buying an additional 61,259 shares during the period. Bfsg LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 11.7% in the 1st quarter. Bfsg LLC now owns 139,808 shares of the company’s stock valued at $3,909,000 after buying an additional 14,649 shares during the period. Finally, Robertson Stephens Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.5% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 152,107 shares of the company’s stock valued at $4,253,000 after buying an additional 9,263 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $26.92 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company has a 50-day simple moving average of $26.01 and a 200-day simple moving average of $27.14. The firm has a market capitalization of $69.99 billion, a PE ratio of 15.93 and a beta of 0.82.

Schwab US Dividend Equity ETF 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.