SouthState Bank Corp Decreases Stock Position in Schwab US Dividend Equity ETF $SCHD

SouthState Bank Corp trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 53.0% in the 3rd quarter, Holdings Channel reports. The firm owned 15,510 shares of the company’s stock after selling 17,456 shares during the period. SouthState Bank Corp’s holdings in Schwab US Dividend Equity ETF were worth $423,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. MOKAN Wealth Management Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.9% in the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after buying an additional 6,985 shares during the last quarter. Advisory Resource Group boosted its position in Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after acquiring an additional 2,520 shares during the last quarter. First Command Advisory Services Inc. grew its stake in Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after acquiring an additional 77,785 shares in the last quarter. BG Investment Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 82.8% in the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock valued at $1,695,000 after acquiring an additional 28,109 shares during the last quarter. Finally, DMKC Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after acquiring an additional 20,989 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.47 on Friday. The stock has a market cap of $82.77 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50 day simple moving average is $28.42 and its 200-day simple moving average is $27.60. 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.