Founders Financial Securities LLC Cuts Stake in Schwab US Dividend Equity ETF $SCHD

Posted by Brenda Bartman on Jun 21st, 2026

Founders Financial Securities LLC cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 21.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 185,501 shares of the company’s stock after selling 49,599 shares during the period. Founders Financial Securities LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,739,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the third quarter valued at $847,665,000. Cassaday & Co Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the period. Cibc World Market Inc. grew its position in Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $43,773,000. Finally, Evergreen Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $41,630,000.

More Schwab US Dividend Equity ETF News

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

Positive Sentiment: SCHD was highlighted as a strategic hedge against a potential AI sell-off, with its focus on financially healthy companies and long dividend histories making it attractive if investors move away from expensive tech. SCHD: A Strategic Hedge Against An AI Sell-Off
Positive Sentiment: Multiple retirement-income articles promoted dividend ETFs like SCHD as a way to generate steady cash flow without selling shares, reinforcing its appeal to income-focused investors. The 3 Best Dividend ETFs to Build Lasting Retirement Income in 2026
Positive Sentiment: One article specifically framed SCHD as offering U.S. quality stocks at a more reasonable valuation than the broader market, with a dividend yield well above the S&P 500, which may attract valuation-conscious investors. SCHD: U.S. Quality, Global Valuation
Neutral Sentiment: Several articles discussed dividend safety and income planning, comparing SCHD with other dividend ETFs and emphasizing its role in balanced portfolios rather than pointing to any fund-specific catalyst. Dividend Safety Check: Domestic vs International Dividend Quality (SCHD, SCHY)
Negative Sentiment: Bearish commentary argued SCHD could face near-term headwinds from persistently high interest rates and renewed investor preference for AI and other growth stocks, which could limit inflows and keep performance muted. Dumping SCHD
Negative Sentiment: Another article noted that international dividend ETFs now outyield SCHD by a wide margin, which may cause some income investors to look elsewhere for higher current yield. Three International Dividend ETFs Now Outyield SCHD by Nearly 2 Points in 2026

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $31.86 on Friday. The stock has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.67. The business has a 50-day simple moving average of $31.84 and a 200-day simple moving average of $30.41. Schwab US Dividend Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.92.

About Schwab US Dividend Equity ETF

(Free Report)

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.