Ironwood Investment Counsel LLC Trims Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Ironwood Investment Counsel LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,030 shares of the company’s stock after selling 19,558 shares during the period. Ironwood Investment Counsel LLC’s holdings in Schwab US Dividend Equity ETF were worth $981,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. eCIO Inc. raised its holdings in Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. eCIO Inc. now owns 882,954 shares of the company’s stock valued at $23,398,000 after acquiring an additional 68,197 shares during the period. IMA Advisory Services Inc. lifted its holdings in Schwab US Dividend Equity ETF by 1.0% during the 2nd quarter. IMA Advisory Services Inc. now owns 2,908,929 shares of the company’s stock worth $77,076,000 after purchasing an additional 27,687 shares in the last quarter. Fund Evaluation Group LLC bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth about $734,000. Fagan Associates Inc. boosted its stake in Schwab US Dividend Equity ETF by 0.4% in the 2nd quarter. Fagan Associates Inc. now owns 176,892 shares of the company’s stock worth $4,688,000 after purchasing an additional 704 shares during the period. Finally, Nwam LLC grew its holdings in Schwab US Dividend Equity ETF by 3.9% during the 2nd quarter. Nwam LLC now owns 188,474 shares of the company’s stock valued at $5,059,000 after buying an additional 7,012 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.5%

Shares of SCHD opened at $27.18 on Wednesday. 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 market cap of $70.28 billion, a PE ratio of 14.57 and a beta of 0.77. The business’s 50-day moving average price is $27.11 and its 200-day moving average price is $26.89.

About Schwab US Dividend Equity ETF

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.