Schwab US Dividend Equity ETF $SCHD Position Decreased by Silver Coast Investments LLC

Silver Coast Investments LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 824,324 shares of the company’s stock after selling 129,739 shares during the period. Schwab US Dividend Equity ETF accounts for 7.7% of Silver Coast Investments LLC’s investment portfolio, making the stock its 4th biggest position. Silver Coast Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $22,504,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Avantax Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after acquiring an additional 796,001 shares during the period. Envestnet Asset Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock valued at $509,221,000 after purchasing an additional 1,083,206 shares during the period. Osaic Holdings Inc. increased its position in Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares during the last quarter. Cetera Investment Advisers raised its stake in Schwab US Dividend Equity ETF by 4.2% during the second quarter. Cetera Investment Advisers now owns 7,104,121 shares of the company’s stock worth $188,259,000 after purchasing an additional 285,560 shares during the period. Finally, Cerity Partners LLC raised its stake in Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7%

Shares of SCHD opened at $28.70 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.11. The company’s fifty day moving average is $27.71 and its two-hundred day moving average is $27.36. The firm has a market cap of $75.26 billion, a PE ratio of 14.57 and a beta of 0.77.

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.