Journey Strategic Wealth LLC Has $1.19 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Journey Strategic Wealth LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 60.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,502 shares of the company’s stock after selling 67,015 shares during the period. Journey Strategic Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rakuten Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $847,665,000. Cibc World Market Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 243.5% during the third quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock valued at $145,471,000 after buying an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of 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 valued at $298,684,000 after buying an additional 1,217,005 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings 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 buying an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of NYSEARCA:SCHD opened at $31.86 on Tuesday. The stock has a market cap of $83.80 billion, a PE ratio of 14.57 and a beta of 0.77. The stock’s fifty day simple moving average is $29.68 and its two-hundred day simple moving average is $28.13. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95.

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.