FLC Capital Advisors Cuts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FLC Capital Advisors lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 38.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,610 shares of the company’s stock after selling 59,342 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.0% of FLC Capital Advisors’ portfolio, making the stock its 13th biggest position. FLC Capital Advisors’ holdings in Schwab US Dividend Equity ETF were worth $5,559,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. FDx Advisors Inc. acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth $238,000. Centric Wealth Management acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth $730,000. CWM LLC grew its holdings in Schwab US Dividend Equity ETF by 68.8% during the third quarter. CWM LLC now owns 45,873 shares of the company’s stock worth $2,537,000 after acquiring an additional 18,702 shares during the period. Global Retirement Partners LLC acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth $215,000. Finally, Strategic Wealth Management Group LLC grew its holdings in Schwab US Dividend Equity ETF by 5.0% during the second quarter. Strategic Wealth Management Group LLC now owns 842,107 shares of the company’s stock worth $43,579,000 after acquiring an additional 39,916 shares during the period.

SCHD stock traded down $1.50 on Monday, reaching $57.20. 119,987 shares of the company’s stock were exchanged, compared to its average volume of 2,005,868. The stock has a fifty day moving average of $56.72 and a 200-day moving average of $53.62. Schwab US Dividend Equity ETF has a twelve month low of $38.83 and a twelve month high of $59.56.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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