Schwab US Dividend Equity ETF $SCHD Holdings Lowered by Parallel Advisors LLC

Parallel Advisors LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 493,195 shares of the company’s stock after selling 76,560 shares during the period. Parallel Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $13,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SCHD. Brighton Jones LLC increased its position in shares of Schwab US Dividend Equity ETF by 404.6% during 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 during the period. Revolve Wealth Partners LLC lifted its holdings in shares of 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 during the period. Bison Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the period. Goldman Sachs Group Inc. boosted its stake in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank boosted its stake in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

NYSEARCA:SCHD opened at $31.13 on Friday. The business’s 50-day moving average price is $29.98 and its 200 day moving average price is $28.24. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The firm has a market cap of $81.88 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.