JustInvest LLC Decreases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

JustInvest LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 5,135 shares of the company’s stock after selling 398 shares during the period. JustInvest LLC’s holdings in Schwab US Dividend Equity ETF were worth $381,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHD. Bank of America Corp DE raised its holdings in shares of Schwab US Dividend Equity ETF by 514.3% during the 2nd quarter. Bank of America Corp DE now owns 18,551,290 shares of the company’s stock worth $1,402,849,000 after acquiring an additional 15,531,426 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 1,084.6% during the 3rd quarter. Avantax Advisory Services Inc. now owns 3,610,965 shares of the company’s stock worth $268,061,000 after acquiring an additional 3,306,128 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab US Dividend Equity ETF by 72.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,438,036 shares of the company’s stock worth $184,365,000 after acquiring an additional 1,022,039 shares during the period. LPL Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 21.7% during the 2nd quarter. LPL Financial LLC now owns 3,567,557 shares of the company’s stock worth $269,779,000 after acquiring an additional 636,517 shares during the period. Finally, Morgan Stanley raised its holdings in shares of Schwab US Dividend Equity ETF by 16.6% during the 2nd quarter. Morgan Stanley now owns 3,051,890 shares of the company’s stock worth $230,784,000 after acquiring an additional 435,324 shares during the period.

NYSEARCA SCHD opened at $81.71 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $63.36 and a 52 week high of $82.47. The business’s fifty day simple moving average is $79.22 and its 200-day simple moving average is $77.39.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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