Blair William & Co. IL Has $33 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Blair William & Co. IL decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 18.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,208,861 shares of the company’s stock after selling 274,500 shares during the period. Blair William & Co. IL’s holdings in Schwab US Dividend Equity ETF were worth $33,002,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Rakuten Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $847,665,000. Avantax Advisory Services Inc. boosted its position in Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after buying an additional 796,001 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 12.1% in the 2nd 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 period. Finally, Avantax Planning Partners Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after buying an additional 280,277 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD stock opened at $31.13 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.95. The company has a market cap of $81.88 billion, a P/E ratio of 14.57 and a beta of 0.77. The business has a fifty day moving average of $29.98 and a 200-day moving average of $28.24.

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.