Strategic Investment Solutions Inc. IL Trims Position in Schwab US Dividend Equity ETF $SCHD

Strategic Investment Solutions Inc. IL decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.4% during the second quarter, Holdings Channel reports. The institutional investor owned 163,836 shares of the company’s stock after selling 29,810 shares during the period. Schwab US Dividend Equity ETF makes up approximately 1.3% of Strategic Investment Solutions Inc. IL’s investment portfolio, making the stock its 17th biggest position. Strategic Investment Solutions Inc. IL’s holdings in Schwab US Dividend Equity ETF were worth $4,342,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth about $27,000. Kozak & Associates Inc. lifted its holdings in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after purchasing an additional 907 shares in the last quarter. Cooksen Wealth LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter worth approximately $38,000. Finally, Optimum Investment Advisors grew its holdings in 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.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $26.99 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm’s 50 day moving average price is $27.32 and its 200-day moving average price is $26.78. The stock has a market cap of $70.40 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.