Schwab US Dividend Equity ETF $SCHD Stock: International Assets Investment Management LLC Lowers Position

International Assets Investment Management LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,000 shares of the company’s stock after selling 18,241 shares during the period. International Assets Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,952,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Glenview Trust Co bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $307,000. Outlook Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 9.4% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 13,293 shares of the company’s stock worth $432,000 after buying an additional 1,143 shares during the last quarter. Partners Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 241.7% in the 3rd quarter. Partners Wealth Management LLC now owns 41,331 shares of the company’s stock worth $1,344,000 after buying an additional 29,236 shares during the last quarter. Soltis Investment Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 15.3% during the 3rd quarter. Soltis Investment Advisors LLC now owns 150,429 shares of the company’s stock valued at $4,893,000 after buying an additional 19,998 shares in the last quarter. Finally, Founders Financial Securities LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $6,722,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $35.55 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $36.10. The company has a market capitalization of $120.33 billion, a P/E ratio of 14.57 and a beta of 0.66. The company has a fifty day moving average of $34.16 and a 200-day moving average of $32.39.

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.