Schwab US Dividend Equity ETF $SCHD Shares Sold by Trek Financial LLC

Trek Financial LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.6% during the third quarter, HoldingsChannel.com reports. The fund owned 228,916 shares of the company’s stock after selling 48,852 shares during the period. Trek Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,249,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Ellis Investment Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares during the period. Madden Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 0.3% in the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after acquiring an additional 383 shares in the last quarter. Harbor Group Inc. boosted its stake in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Bellevue Asset Management LLC grew its position in Schwab US Dividend Equity ETF by 1.2% during the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares in the last quarter. Finally, Narwhal Capital Management raised its stake in Schwab US Dividend Equity ETF by 1.1% during the 2nd quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock valued at $967,000 after purchasing an additional 400 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of SCHD traded down $0.03 during mid-day trading on Friday, reaching $29.14. The company’s stock had a trading volume of 19,214,201 shares, compared to its average volume of 20,645,578. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.30. The company has a market cap of $76.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a fifty day moving average of $27.83 and a 200 day moving average of $27.40.

Schwab US Dividend Equity ETF 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.