Kohmann Bosshard Financial Services LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 9.2% during the 1st quarter, HoldingsChannel reports. The fund owned 625,096 shares of the company’s stock after selling 63,551 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.6% of Kohmann Bosshard Financial Services LLC’s portfolio, making the stock its 17th biggest holding. Kohmann Bosshard Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,175,000 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 the stock. Cassaday & Co Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the period. Cibc World Market Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after purchasing an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $43,773,000. Evergreen Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $41,630,000. Finally, Lido Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $32,308,000.
Schwab US Dividend Equity ETF Stock Performance
NYSEARCA SCHD opened at $31.71 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The stock has a market cap of $90.02 billion, a PE ratio of 14.57 and a beta of 0.67. The firm has a 50-day simple moving average of $31.99 and a 200 day simple moving average of $30.64.
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.
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