Verity & Verity LLC Sells 3,880 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Verity & Verity LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 40.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,768 shares of the company’s stock after selling 3,880 shares during the quarter. Verity & Verity LLC’s holdings in Schwab US Dividend Equity ETF were worth $449,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHD. Cannon Financial Strategists Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $405,000. Heritage Wealth Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at $235,000. Sanctuary Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at $22,878,000. Creekside Partners bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth about $251,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $7,706,000.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock opened at $84.48 on Wednesday. The firm has a 50 day moving average of $82.63 and a 200-day moving average of $79.91. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $85.24. The firm has a market capitalization of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.