JT Stratford LLC Sells 19,847 Shares of Schwab US Dividend Equity ETF $SCHD

JT Stratford LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 283,324 shares of the company’s stock after selling 19,847 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 1.1% of JT Stratford LLC’s holdings, making the stock its 18th biggest holding. JT Stratford LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,508,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHD. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $85,000. Fort Sheridan Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 52.6% in the second quarter. Fort Sheridan Advisors LLC now owns 25,557 shares of the company’s stock worth $677,000 after buying an additional 8,809 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 4.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,369,767 shares of the company’s stock worth $36,299,000 after buying an additional 61,697 shares during the period. D L Carlson Investment Group Inc. boosted its position in Schwab US Dividend Equity ETF by 28.4% during the 2nd quarter. D L Carlson Investment Group Inc. now owns 11,926 shares of the company’s stock valued at $316,000 after acquiring an additional 2,640 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 9.0% during the 2nd quarter. Fisher Asset Management LLC now owns 71,084 shares of the company’s stock worth $1,884,000 after acquiring an additional 5,889 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.5%

SCHD opened at $27.40 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.40. The stock has a market cap of $70.85 billion, a PE ratio of 14.57 and a beta of 0.77. The business has a 50 day moving average of $27.02 and a 200-day moving average of $27.02.

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.