Aspiriant LLC Reduces Holdings in Schwab US Dividend Equity ETF $SCHD

Aspiriant LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 45,339 shares of the company’s stock after selling 5,034 shares during the quarter. Aspiriant LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,201,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHD. MOKAN Wealth Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after buying an additional 6,985 shares during the period. Principal Financial Group Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $384,000. Allspring Global Investments Holdings LLC lifted its holdings in Schwab US Dividend Equity ETF by 343.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after buying an additional 9,382 shares during the period. Elevate Wealth Advisory Inc. lifted its holdings in Schwab US Dividend Equity ETF by 7.4% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the period. Finally, Schaeffer Financial LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after buying an additional 24,751 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $26.79 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a 50 day simple moving average of $27.36 and a two-hundred day simple moving average of $26.70. The stock has a market cap of $69.80 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.