NBT Bank N A NY Lowers Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

NBT Bank N A NY cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 100,846 shares of the company’s stock after selling 855 shares during the quarter. NBT Bank N A NY’s holdings in Schwab US Dividend Equity ETF were worth $7,842,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division purchased a new stake in Schwab US Dividend Equity ETF in the first quarter worth about $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $26,000. Iron Horse Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at approximately $26,000. PFG Private Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter valued at approximately $27,000. Finally, Olistico Wealth LLC purchased a new position in Schwab US Dividend Equity ETF during the second quarter valued at approximately $28,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $84.53 on Friday. The stock has a market capitalization of $59.30 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $84.57. The company’s 50-day simple moving average is $80.47 and its 200-day simple moving average is $79.00.

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.