D.B. Root & Company LLC Sells 3,527 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

D.B. Root & Company LLC decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,299 shares of the company’s stock after selling 3,527 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.8% of D.B. Root & Company LLC’s investment portfolio, making the stock its 9th largest position. D.B. Root & Company LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,233,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its position in Schwab US Dividend Equity ETF by 30.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,403 shares of the company’s stock worth $2,924,000 after purchasing an additional 9,041 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $1,176,000. GHP Investment Advisors Inc. grew its position in Schwab US Dividend Equity ETF by 1.7% in the fourth quarter. GHP Investment Advisors Inc. now owns 23,238 shares of the company’s stock worth $1,769,000 after acquiring an additional 396 shares during the period. Harbor Investment Advisory LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 234.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,787 shares of the company’s stock worth $136,000 after purchasing an additional 1,252 shares during the period. Finally, Cerity Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 9.6% during the fourth quarter. Cerity Partners LLC now owns 1,131,482 shares of the company’s stock valued at $86,140,000 after acquiring an additional 99,385 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Schwab US Dividend Equity ETF stock traded down $0.38 during trading on Monday, hitting $79.79. The company had a trading volume of 2,548,344 shares, compared to its average volume of 3,285,757. The stock has a market cap of $55.97 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $83.19. The company’s 50 day simple moving average is $79.05 and its 200-day simple moving average is $78.42.

Schwab US Dividend Equity ETF 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.