Truist Financial Corp Sells 2,208 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Truist Financial Corp lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,382,062 shares of the company’s stock after selling 2,208 shares during the quarter. Truist Financial Corp’s holdings in Schwab US Dividend Equity ETF were worth $105,216,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SCHD. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $228,390,000. International Assets Investment Management LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $89,561,000. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares in the last quarter. DDD Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after purchasing an additional 484,167 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 34.1% in the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock worth $132,545,000 after purchasing an additional 476,951 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of SCHD stock traded down $0.08 during trading on Friday, reaching $77.48. The company’s stock had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. The business has a fifty day moving average price of $78.31 and a 200-day moving average price of $75.19. The company has a market cap of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82.

Schwab US Dividend Equity ETF 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.