Cobblestone Capital Advisors LLC NY Reduces Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cobblestone Capital Advisors LLC NY lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,803 shares of the company’s stock after selling 850 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Schwab US Dividend Equity ETF were worth $529,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Traynor Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 53.6% during the 1st quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock worth $495,000 after purchasing an additional 2,142 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 332.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock worth $1,532,000 after acquiring an additional 14,614 shares during the period. Tidal Investments LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at $310,000. Apexium Financial LP lifted its stake in shares of Schwab US Dividend Equity ETF by 27.0% during the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after purchasing an additional 60,972 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 576.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock worth $956,000 after purchasing an additional 10,106 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded down $0.71 during trading on Friday, hitting $82.00. The company’s stock had a trading volume of 3,280,409 shares, compared to its average volume of 3,212,953. The stock’s fifty day moving average is $81.00 and its 200 day moving average is $79.21. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $84.57. The stock has a market capitalization of $57.52 billion, a price-to-earnings 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.