Schwab US Dividend Equity ETF $SCHD Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 70,471 shares of the company’s stock after selling 8,352 shares during the period. Private Trust Co. NA’s holdings in Schwab US Dividend Equity ETF were worth $1,867,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $1,031,129,000. Wealthspire Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $132,621,000. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of SCHD stock opened at $26.79 on Friday. The business’s fifty day simple moving average is $27.36 and its 200-day simple moving average is $26.70. 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 $69.80 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.