Schwab US Dividend Equity ETF $SCHD Shares Sold by First Heartland Consultants Inc.

First Heartland Consultants Inc. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,486 shares of the company’s stock after selling 17,092 shares during the quarter. First Heartland Consultants Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,371,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of SCHD. Ellis Investment Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after acquiring an additional 375 shares in the last quarter. Harbor Group Inc. lifted its position in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Westside Investment Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after purchasing an additional 383 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock valued at $394,000 after purchasing an additional 410 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.3%

Shares of SCHD stock opened at $31.53 on Tuesday. The stock has a 50-day simple moving average of $29.27 and a 200 day simple moving average of $27.97. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.88. The stock has a market capitalization of $82.93 billion, a P/E ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.