RFG Advisory LLC Lowers Holdings in Schwab US Dividend Equity ETF $SCHD

RFG Advisory LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 704,778 shares of the company’s stock after selling 164,076 shares during the period. RFG Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,240,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Rakuten Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $1,127,144,000. Osaic Holdings Inc. boosted its position in Schwab US Dividend Equity ETF by 12.1% in the 2nd 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 in the last quarter. DDD Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3,673.0% during the 2nd quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after purchasing an additional 1,164,306 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the 2nd 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 in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $31.47 on Monday. The company has a market capitalization of $82.77 billion, a PE ratio of 14.57 and a beta of 0.77. The company’s fifty day moving average price is $28.42 and its 200 day moving average price is $27.61. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.49.

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.