Capital Investment Advisors LLC Reduces Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Investment Advisors LLC lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,428 shares of the company’s stock after selling 3,999 shares during the quarter. Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,599,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Sumitomo Life Insurance Co. lifted its holdings in shares of Schwab US Dividend Equity ETF by 110.7% in the 1st quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock worth $471,352,000 after buying an additional 3,320,000 shares during the period. Charles Schwab Trust Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $146,782,000. Focus Financial Network Inc. ADV purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $95,831,000. Diversified LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 493.3% in the 1st quarter. Diversified LLC now owns 1,128,581 shares of the company’s stock worth $90,997,000 after buying an additional 938,356 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.1% in the 1st quarter. Cetera Investment Advisers now owns 2,104,047 shares of the company’s stock worth $169,649,000 after buying an additional 729,602 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded down $0.05 during mid-day trading on Friday, hitting $80.17. The stock had a trading volume of 2,528,446 shares, compared to its average volume of 3,290,537. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $83.19. The firm has a market capitalization of $56.24 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50-day moving average is $79.05 and its two-hundred day moving average is $78.40.

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.