DDD Partners LLC Sells 1,167,861 Shares of Schwab US Dividend Equity ETF $SCHD

DDD Partners LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 97.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,144 shares of the company’s stock after selling 1,167,861 shares during the period. DDD Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Biltmore Family Office LLC raised its position in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $41,000. True Wealth Design LLC increased its stake in shares of Schwab US Dividend Equity ETF by 42.9% in the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares in the last quarter. Total Investment Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $43,000. Finally, Morton Brown Family Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 41.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after buying an additional 477 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.9%

Shares of NYSEARCA:SCHD opened at $31.61 on Friday. The firm has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.77. The company’s 50-day moving average price is $28.80 and its two-hundred day moving average price is $27.75.

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.