Schwab US Dividend Equity ETF $SCHD Shares Sold by Silver Coast Investments LLC

Silver Coast Investments LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 573,260 shares of the company’s stock after selling 251,064 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 5.4% of Silver Coast Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Silver Coast Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $15,725,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Rakuten Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $1,127,144,000. Sumitomo Life Insurance Co. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Cibc World Market Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 243.5% during the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after purchasing an additional 3,777,339 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $32,308,000. Finally, Argent Capital Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $29,815,000.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of Schwab US Dividend Equity ETF stock opened at $31.03 on Tuesday. The firm has a market capitalization of $87.21 billion, a PE ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a twelve month low of $24.76 and a twelve month high of $31.95. The firm’s 50-day moving average price is $31.02 and its 200 day moving average price is $28.94.

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.