Schwab US Dividend Equity ETF $SCHD Shares Sold by Agate Pass Investment Management LLC

Agate Pass Investment Management LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,625 shares of the company’s stock after selling 2,836 shares during the quarter. Agate Pass Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SCHD. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF in the first quarter valued at $27,000. Kozak & Associates Inc. increased its stake in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the last quarter. Financial Management Professionals Inc. increased its stake in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter valued at about $38,000. Finally, Optimum Investment Advisors grew its position in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.7%

SCHD stock opened at $26.54 on Friday. The stock has a 50-day moving average price of $27.36 and a two-hundred day moving average price of $26.74. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The company has a market cap of $69.35 billion, a PE ratio of 14.57 and a beta of 0.88.

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.