Schwab US Dividend Equity ETF $SCHD Shares Sold by FLC Capital Advisors

FLC Capital Advisors cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,343 shares of the company’s stock after selling 5,126 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.0% of FLC Capital Advisors’ investment portfolio, making the stock its 26th biggest position. FLC Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $4,620,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Brighton Jones LLC increased its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares during the last quarter. Advisor Resource Council acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $1,046,000. Finally, Lighthouse Wealth Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 0.4% during the 1st quarter. Lighthouse Wealth Management Inc. now owns 518,389 shares of the company’s stock worth $14,494,000 after purchasing an additional 1,987 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8%

NYSEARCA SCHD opened at $26.79 on Monday. The stock has a market cap of $69.65 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The stock has a fifty day simple moving average of $27.36 and a 200-day simple moving average of $26.69.

Schwab US Dividend Equity ETF Company 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.