Raymond James Financial Services Advisors Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 790,386 shares of the company’s stock after selling 241,820 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $41,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of SCHD. Morgan Stanley raised its stake in shares of Schwab US Dividend Equity ETF by 5.2% during the 3rd quarter. Morgan Stanley now owns 437,810 shares of the company’s stock valued at $23,204,000 after buying an additional 21,546 shares during the last quarter. Carmichael Hill & Associates Inc. grew its position in shares of Schwab US Dividend Equity ETF by 4.5% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 11,197 shares of the company’s stock valued at $526,000 after acquiring an additional 487 shares during the period. Planning Directions Inc. grew its position in shares of Schwab US Dividend Equity ETF by 2.7% during the 4th quarter. Planning Directions Inc. now owns 55,676 shares of the company’s stock valued at $2,615,000 after acquiring an additional 1,439 shares during the period. Live Your Vision LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.4% during the 4th quarter. Live Your Vision LLC now owns 72,071 shares of the company’s stock valued at $3,488,000 after acquiring an additional 1,028 shares during the period. Finally, Strategic Wealth Management Group LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $21,975,000.

NYSEARCA:SCHD opened at $52.42 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $44.03 and a 52 week high of $54.75.

TRADEMARK VIOLATION NOTICE: “Schwab US Dividend Equity ETF (SCHD) Shares Sold by Raymond James Financial Services Advisors Inc.” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2019/05/16/schwab-us-dividend-equity-etf-schd-shares-sold-by-raymond-james-financial-services-advisors-inc.html.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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