King Luther Capital Management Corp Has $2.40 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

King Luther Capital Management Corp decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,810 shares of the company’s stock after selling 296 shares during the quarter. King Luther Capital Management Corp’s holdings in Schwab US Dividend Equity ETF were worth $2,396,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $354,000. TrinityPoint Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 4.8% during the 4th quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock valued at $18,579,000 after purchasing an additional 11,267 shares during the last quarter. Trexquant Investment LP increased its position in Schwab US Dividend Equity ETF by 39.6% during the 4th quarter. Trexquant Investment LP now owns 10,093 shares of the company’s stock worth $768,000 after purchasing an additional 2,863 shares in the last quarter. Commerce Bank lifted its stake in Schwab US Dividend Equity ETF by 34.8% in the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after purchasing an additional 9,636 shares during the last quarter. Finally, FineMark National Bank & Trust boosted its position in Schwab US Dividend Equity ETF by 8.8% in the fourth quarter. FineMark National Bank & Trust now owns 4,858 shares of the company’s stock valued at $370,000 after buying an additional 394 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $84.48 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24. The company has a market capitalization of $59.26 billion, a PE ratio of 15.04 and a beta of 0.74. The company has a fifty day moving average of $82.19 and a 200-day moving average of $79.63.

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.