Schwab US Dividend Equity ETF $SCHD Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 66.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,415 shares of the company’s stock after selling 42,071 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $697,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after buying an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 3.5% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after buying an additional 324,778 shares during the last quarter. Royal Bank of Canada lifted its position in Schwab US Dividend Equity ETF by 8.3% in the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after buying an additional 660,876 shares during the last quarter. Keystone Financial Planning Inc. lifted its position in Schwab US Dividend Equity ETF by 0.5% in the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock worth $204,273,000 after buying an additional 29,169 shares during the last quarter. Finally, HHM Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 2.8% in the first quarter. HHM Wealth Advisors LLC now owns 5,156,506 shares of the company’s stock worth $158,202,000 after buying an additional 138,225 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded down $0.11 during midday trading on Monday, hitting $34.24. The stock had a trading volume of 20,308,307 shares, compared to its average volume of 22,457,543. The company has a market cap of $114.58 billion, a P/E ratio of 14.57 and a beta of 0.68. The business has a fifty day moving average of $34.01 and a 200 day moving average of $32.79. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31.

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.