Schwab US Dividend Equity ETF $SCHD Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,321 shares of the company’s stock after selling 19,529 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,377,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the period. Finally, Quotient Wealth Partners LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $296,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $31.61 on Monday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.77. The stock has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50 day simple moving average is $28.80 and its 200 day simple moving average is $27.76.

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.