Secure Asset Management LLC Decreases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Secure Asset Management LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 57.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,723 shares of the company’s stock after selling 55,350 shares during the quarter. Secure Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SCHD. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $27,000. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $38,000. Optimum Investment Advisors lifted its position in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after buying an additional 505 shares in the last quarter. MTM Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $40,000. Finally, Westside Investment Management Inc. raised its stake in Schwab US Dividend Equity ETF by 3,666.7% during the 1st quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock worth $41,000 after acquiring an additional 1,430 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.47 on Thursday. The company has a 50 day simple moving average of $27.31 and a two-hundred day simple moving average of $26.82. The firm has a market cap of $71.65 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF 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.