Advisory Services Network LLC Has $347,000 Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Advisory Services Network LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 38.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,552 shares of the company’s stock after selling 4,103 shares during the quarter. Advisory Services Network LLC’s holdings in Schwab US Dividend Equity ETF were worth $347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Cedar Wealth Management LLC raised its position in Schwab US Dividend Equity ETF by 12.9% during the second quarter. Cedar Wealth Management LLC now owns 8,774 shares of the company’s stock worth $432,000 after acquiring an additional 1,000 shares in the last quarter. Manning & Napier Group LLC grew its stake in Schwab US Dividend Equity ETF by 1.5% during the second quarter. Manning & Napier Group LLC now owns 74,372 shares of the company’s stock worth $3,665,000 after buying an additional 1,111 shares in the last quarter. Merit Financial Group LLC grew its stake in Schwab US Dividend Equity ETF by 17.0% during the second quarter. Merit Financial Group LLC now owns 7,992 shares of the company’s stock worth $443,000 after buying an additional 1,162 shares in the last quarter. Cobblestone Capital Advisors LLC NY grew its stake in Schwab US Dividend Equity ETF by 27.9% during the second quarter. Cobblestone Capital Advisors LLC NY now owns 5,410 shares of the company’s stock worth $267,000 after buying an additional 1,180 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Schwab US Dividend Equity ETF by 3.5% during the second quarter. Captrust Financial Advisors now owns 35,106 shares of the company’s stock worth $1,730,000 after buying an additional 1,183 shares in the last quarter.

Shares of SCHD traded up $0.25 during mid-day trading on Monday, reaching $51.80. The company had a trading volume of 1,300,375 shares, compared to its average volume of 895,245. Schwab US Dividend Equity ETF has a 1-year low of $47.08 and a 1-year high of $54.60.

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

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