Northwest Investment Counselors LLC Trims Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Northwest Investment Counselors LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,779 shares of the company’s stock after selling 5,231 shares during the quarter. Schwab US Dividend Equity ETF comprises 1.0% of Northwest Investment Counselors LLC’s investment portfolio, making the stock its 23rd biggest position. Northwest Investment Counselors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,833,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 104,751.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock valued at $3,977,523,000 after purchasing an additional 52,604,309 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 12.3% during the 1st quarter. LPL Financial LLC now owns 10,114,703 shares of the company’s stock worth $739,992,000 after purchasing an additional 1,110,089 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab US Dividend Equity ETF by 14.3% during the 1st quarter. Ameriprise Financial Inc. now owns 9,805,935 shares of the company’s stock worth $715,915,000 after purchasing an additional 1,228,836 shares during the last quarter. Charles Schwab Investment Advisory Inc. raised its holdings in Schwab US Dividend Equity ETF by 3.2% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 9,593,721 shares of the company’s stock valued at $701,877,000 after buying an additional 294,215 shares during the period. Finally, Bank of America Corp DE lifted its position in Schwab US Dividend Equity ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 7,757,878 shares of the company’s stock valued at $567,566,000 after buying an additional 582,697 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 1.0 %

Shares of SCHD traded down $0.71 during trading on Friday, reaching $73.63. 2,711,238 shares of the company traded hands, compared to its average volume of 3,139,465. The stock has a 50-day simple moving average of $74.12 and a 200-day simple moving average of $72.68. The stock has a market cap of $48.46 billion, a PE ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $65.96 and a twelve month high of $79.49.

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.