OneAscent Financial Services LLC Has $1.17 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

OneAscent Financial Services LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 29.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,740 shares of the company’s stock after selling 17,920 shares during the period. OneAscent Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,167,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. MOKAN Wealth Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Advisory Resource Group lifted its stake in Schwab US Dividend Equity ETF by 4.4% in the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after buying an additional 2,520 shares during the period. DMKC Advisory Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after buying an additional 20,989 shares during the last quarter. Welch Group LLC grew its position in shares of Schwab US Dividend Equity ETF by 44.7% during the 2nd quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after buying an additional 3,624 shares during the period. Finally, Insight Inv LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $682,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $29.18 on Tuesday. The firm’s 50 day simple moving average is $27.87 and its 200 day simple moving average is $27.41. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.30. The company has a market capitalization of $76.60 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.