Valley National Advisers Inc. Has $10.55 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Valley National Advisers Inc. trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398,002 shares of the company’s stock after selling 67,378 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.7% of Valley National Advisers Inc.’s portfolio, making the stock its 12th largest position. Valley National Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,546,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Duncan Williams Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 7.7% in the 2nd quarter. Duncan Williams Asset Management LLC now owns 1,124,692 shares of the company’s stock valued at $29,804,000 after acquiring an additional 80,085 shares in the last quarter. PUREfi Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $254,000. Valeo Financial Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.2% in the second quarter. Valeo Financial Advisors LLC now owns 97,716 shares of the company’s stock worth $2,589,000 after buying an additional 5,715 shares during the period. Joule Financial LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.8% during the second quarter. Joule Financial LLC now owns 767,946 shares of the company’s stock valued at $20,351,000 after buying an additional 21,177 shares in the last quarter. Finally, CPR Investments Inc. lifted its stake in Schwab US Dividend Equity ETF by 25.9% in the 2nd quarter. CPR Investments Inc. now owns 14,018 shares of the company’s stock worth $371,000 after acquiring an additional 2,886 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.41 on Monday. The stock has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock’s 50-day moving average is $27.33 and its two-hundred day moving average is $26.75.

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.