Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its holdings in shares of Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,928,780 shares of the company’s stock after selling 73,297 shares during the period. Raymond James & Associates owned approximately 0.28% of Schwab U.S. Dividend Equity ETF worth $155,518,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SCHD. Accordant Advisory Group Inc acquired a new position in Schwab U.S. Dividend Equity ETF during the first quarter worth about $234,000. Rainey & Randall Investment Management Inc. boosted its stake in shares of Schwab U.S. Dividend Equity ETF by 2.6% during the 1st quarter. Rainey & Randall Investment Management Inc. now owns 9,088 shares of the company’s stock worth $733,000 after acquiring an additional 231 shares in the last quarter. Beacon Financial Planning Inc. grew its holdings in shares of Schwab U.S. Dividend Equity ETF by 323.8% in the 1st quarter. Beacon Financial Planning Inc. now owns 33,612 shares of the company’s stock worth $2,710,000 after acquiring an additional 25,681 shares during the period. Benchmark Financial Wealth Advisors LLC increased its stake in Schwab U.S. Dividend Equity ETF by 28.8% in the 1st quarter. Benchmark Financial Wealth Advisors LLC now owns 79,482 shares of the company’s stock valued at $6,409,000 after purchasing an additional 17,787 shares in the last quarter. Finally, Teamwork Financial Advisors LLC increased its stake in Schwab U.S. Dividend Equity ETF by 17.6% in the 1st quarter. Teamwork Financial Advisors LLC now owns 80,331 shares of the company’s stock valued at $6,477,000 after purchasing an additional 12,010 shares in the last quarter.

Schwab U.S. Dividend Equity ETF Price Performance

SCHD traded up $0.44 during trading on Monday, reaching $77.92. 2,473,132 shares of the stock were exchanged, compared to its average volume of 3,608,732. The company has a market capitalization of $54.51 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab U.S. Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The business’s 50 day moving average price is $78.32 and its two-hundred day moving average price is $75.31.

About Schwab U.S. 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.