Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Columbia Advisory Partners LLC

Columbia Advisory Partners LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 173,866 shares of the company’s stock after selling 7,079 shares during the period. Schwab US Dividend Equity ETF accounts for about 14.2% of Columbia Advisory Partners LLC’s portfolio, making the stock its 2nd biggest holding. Columbia Advisory Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $14,019,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Financial Corp IN increased its stake in shares of Schwab US Dividend Equity ETF by 2.0% in the first quarter. First Financial Corp IN now owns 9,342 shares of the company’s stock valued at $753,000 after buying an additional 184 shares during the period. Evanson Asset Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 53.1% in the first quarter. Evanson Asset Management LLC now owns 17,882 shares of the company’s stock valued at $1,442,000 after buying an additional 6,199 shares during the period. Dynamic Advisor Solutions LLC increased its stake in shares of Schwab US Dividend Equity ETF by 7.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 112,092 shares of the company’s stock valued at $9,038,000 after buying an additional 7,627 shares during the period. Financial Designs Corp acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $3,378,000. Finally, Northwest Quadrant Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 5.8% in the first quarter. Northwest Quadrant Wealth Management LLC now owns 354,149 shares of the company’s stock valued at $28,555,000 after buying an additional 19,326 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.5 %

NYSEARCA SCHD traded down $1.15 during trading hours on Wednesday, hitting $77.43. 1,532,462 shares of the company’s stock were exchanged, compared to its average volume of 3,295,409. The stock has a 50-day simple moving average of $78.04 and a 200 day simple moving average of $77.54. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The firm has a market cap of $54.32 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

About Schwab US Dividend Equity ETF

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.