Thrivent Financial for Lutherans Sells 21,631 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Thrivent Financial for Lutherans reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 544,555 shares of the company’s stock after selling 21,631 shares during the quarter. Thrivent Financial for Lutherans owned 0.08% of Schwab US Dividend Equity ETF worth $42,343,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.1% during the 2nd quarter. LPL Financial LLC now owns 11,180,518 shares of the company’s stock valued at $869,397,000 after purchasing an additional 339,256 shares during the period. Charles Schwab Investment Advisory Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 0.4% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock valued at $783,833,000 after acquiring an additional 40,493 shares during the period. Sumitomo Life Insurance Co. grew its stake in shares of Schwab US Dividend Equity ETF by 41.5% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 8,940,000 shares of the company’s stock valued at $677,625,000 after acquiring an additional 2,620,000 shares during the period. Avantax Advisory Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 4.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock valued at $626,914,000 after acquiring an additional 299,496 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 2.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 5,851,505 shares of the company’s stock valued at $455,013,000 after acquiring an additional 139,020 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Shares of NYSEARCA:SCHD opened at $84.48 on Monday. The stock has a 50 day moving average of $82.19 and a 200 day moving average of $79.64. The company has a market cap of $59.26 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $85.24.

Schwab US Dividend Equity ETF Company 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.