Financial Partners Group LLC Sells 296 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Financial Partners Group LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,652 shares of the company’s stock after selling 296 shares during the quarter. Financial Partners Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $698,000 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. FMR LLC lifted its stake in Schwab US Dividend Equity ETF by 22.7% during the third quarter. FMR LLC now owns 64,312 shares of the company’s stock worth $4,551,000 after purchasing an additional 11,906 shares during the last quarter. Natixis Advisors L.P. bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $723,000. O Shaughnessy Asset Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 151.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,385 shares of the company’s stock worth $98,000 after buying an additional 834 shares in the last quarter. Trexquant Investment LP bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $512,000. Finally, Synovus Financial Corp boosted its holdings in shares of Schwab US Dividend Equity ETF by 48.7% during the 3rd quarter. Synovus Financial Corp now owns 12,356 shares of the company’s stock valued at $874,000 after acquiring an additional 4,047 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.6 %

SCHD traded up $0.49 during trading on Friday, reaching $77.76. 3,536,614 shares of the company’s stock were exchanged, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The firm has a fifty day moving average price of $78.12 and a two-hundred day moving average price of $77.62. The stock has a market capitalization of $54.55 billion, a PE 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.