Trust Co of Toledo Na 13F: Exits SCHD Stake

Trust Co of Toledo Na disclosed in a filing on October 16, 2026, that it sold out of its entire stake in Schwab U.S. Dividend Equity ETF (SCHD) on the NYSEArca. The fund cut 24,283 shares, with a value of approximately $831,000 based on its recent trading levels.

What Changed in Trust Co of Toledo Na's Position

Trust Co of Toledo Na completely exited its position in SCHD, selling all 24,283 shares it previously held. This marked a 100% decrease, indicating a full liquidation of its investment in the ETF.

Other Institutional Activity in SCHD

No other funds reported significant changes in their positions in SCHD during this filing period. However, prior activity from other institutional investors like Kmg Fiduciary Partners and Hbw Advisory Services showed a trend of reducing stakes in the same ETF.

Schwab U.S. Dividend Equity ETF Stock Up 1.8%

As of October 16, 2026, SCHD was recently traded around $34.31. This price is above its 50-day moving average of about $33.98 and 7.3% above its 200-day average of $31.97. However, it remains 2.8% below its 52-week high of $35.31, suggesting some selling pressure in the market.

Recent Earnings

The Schwab U.S. Dividend Equity ETF, which focuses on high-dividend stocks, has a P/E ratio of approximately 19.05. The ETF's focus on steady dividends is reflected in its 3.24% yield. No recent earnings report was available in the filings.

Analysts Set New Price Targets

No analysts reported new price targets for SCHD in the latest filings. Thus, we do not have any updates on analyst ratings or price targets at this time.

About Schwab U.S. Dividend Equity ETF

Schwab U.S. Dividend Equity ETF seeks to measure the performance of high dividend yielding stocks in the U.S. It primarily invests in companies that consistently pay dividends and are selected based on fundamental strength compared to their peers. This focus on dividends makes SCHD appealing for income-seeking investors.

Bottom Line

Investors should keep an eye on future filings and changes in institutional holdings, especially given the recent trend of selling by several funds. The next earnings reporting date is not currently available, but these holdings reflect positions as of the end of the reporting quarter and may not represent current investment strategies. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.