Schwab US Dividend Equity ETF $SCHD Shares Sold by SFM LLC d b a Sweeney Financial Advisors

SFM LLC d b a Sweeney Financial Advisors cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,077 shares of the company’s stock after selling 29,710 shares during the period. Schwab US Dividend Equity ETF comprises about 1.6% of SFM LLC d b a Sweeney Financial Advisors’ holdings, making the stock its 17th largest position. SFM LLC d b a Sweeney Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $3,190,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after acquiring an additional 354,983 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 3.5% during the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada lifted its stake in Schwab US Dividend Equity ETF by 8.3% during the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after purchasing an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. lifted its stake in Schwab US Dividend Equity ETF by 0.5% during the third quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after purchasing an additional 29,169 shares during the last quarter. Finally, HHM Wealth Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.8% in the first quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock valued at $158,202,000 after purchasing an additional 138,225 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.0%

SCHD traded up $0.34 on Wednesday, reaching $33.71. The company’s stock had a trading volume of 25,568,474 shares, compared to its average volume of 22,419,781. The company has a market capitalization of $112.62 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The stock has a 50 day moving average of $34.00 and a two-hundred day moving average of $32.69.

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.