Cypress Wealth Services LLC Sells 227 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cypress Wealth Services LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,654 shares of the company’s stock after selling 227 shares during the period. Cypress Wealth Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,875,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after acquiring an additional 45,013 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Schwab US Dividend Equity ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock valued at $307,736,000 after acquiring an additional 95,086 shares during the last quarter. Royal Bank of Canada raised its position in shares of Schwab US Dividend Equity ETF by 11.8% during the 3rd quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock valued at $302,916,000 after acquiring an additional 451,744 shares during the last quarter. Orgel Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 0.9% during the 1st quarter. Orgel Wealth Management LLC now owns 4,152,801 shares of the company’s stock valued at $334,840,000 after acquiring an additional 38,020 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Schwab US Dividend Equity ETF by 6.9% during the 4th quarter. Wells Fargo & Company MN now owns 3,652,298 shares of the company’s stock valued at $278,049,000 after acquiring an additional 235,941 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock traded up $0.59 on Friday, hitting $77.86. 2,101,706 shares of the company’s stock traded hands, compared to its average volume of 3,293,448. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The stock has a market capitalization of $54.62 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s 50-day moving average price is $78.10 and its two-hundred day moving average price is $77.54.

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.