Transce3nd LLC Decreases Stock Position in Schwab US Dividend Equity ETF $SCHD

Transce3nd LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 98.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,386 shares of the company’s stock after selling 108,355 shares during the quarter. Transce3nd LLC’s holdings in Schwab US Dividend Equity ETF were worth $36,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SCHD. Biltmore Family Office LLC grew its holdings in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares in the last quarter. Independence Bank of Kentucky purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $41,000. True Wealth Design LLC grew its stake in shares of Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after acquiring an additional 450 shares in the last quarter. Total Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $43,000. Finally, Morton Brown Family Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 41.2% during the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after acquiring an additional 477 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $31.77 on Friday. The stock has a market cap of $83.56 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.88. The business’s 50-day simple moving average is $29.60 and its 200 day simple moving average is $28.09.

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.