Schwab US Dividend Equity ETF $SCHD Position Reduced by Boyum Wealth Architects LLC

Boyum Wealth Architects LLC reduced its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 76.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,631 shares of the company’s stock after selling 24,223 shares during the quarter. Boyum Wealth Architects LLC’s holdings in Schwab US Dividend Equity ETF were worth $250,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. HB Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after acquiring an additional 137,402 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after purchasing an additional 82,981 shares in the last quarter. Advisory Solutions Group LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at $1,414,000. Cahill Financial Advisors Inc. grew its holdings in Schwab US Dividend Equity ETF by 6.2% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after purchasing an additional 22,218 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth $5,255,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

NYSEARCA:SCHD traded up $0.14 on Tuesday, reaching $32.85. The stock had a trading volume of 12,116,012 shares, compared to its average volume of 22,409,734. The company has a 50-day moving average of $34.07 and a 200 day moving average of $32.59. The stock has a market cap of $108.97 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month 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.