Scott & Selber Inc. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,409 shares of the company’s stock after selling 2,005 shares during the period. Scott & Selber Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Manchester Financial Inc. acquired a new stake in Schwab US Dividend Equity ETF during the second quarter valued at $25,000. Capital Directions Investment Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF during the first quarter valued at $26,000. Rehmann Capital Advisory Group acquired a new stake in Schwab US Dividend Equity ETF during the first quarter valued at $30,000. Financial Management Professionals Inc. grew its position in Schwab US Dividend Equity ETF by 482.5% during the second quarter. Financial Management Professionals Inc. now owns 600 shares of the company’s stock valued at $32,000 after buying an additional 497 shares during the period. Finally, Horan Securities Inc. acquired a new stake in Schwab US Dividend Equity ETF during the second quarter valued at $37,000.

Shares of NYSEARCA SCHD traded up $0.80 during trading on Tuesday, hitting $52.55. The company had a trading volume of 19,773 shares, compared to its average volume of 885,608. The firm’s fifty day simple moving average is $53.53. Schwab US Dividend Equity ETF has a fifty-two week low of $44.03 and a fifty-two week high of $55.12.

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

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