Joel Isaacson & Co. LLC Lowers Position in Schwab US Dividend Equity ETF $SCHD

Joel Isaacson & Co. LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 42,356 shares of the company’s stock after selling 5,880 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,122,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Lederer & Associates Investment Counsel CA increased its stake in Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after acquiring an additional 375 shares during the last quarter. Cowa LLC grew its stake in shares of Schwab US Dividend Equity ETF by 0.3% during the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after buying an additional 394 shares during the last quarter. Gateway Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after buying an additional 400 shares during the last quarter. Clear Point Advisors Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 1.4% during the first quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after buying an additional 404 shares during the last quarter. Finally, Mirador Capital Partners LP grew its stake in shares of Schwab US Dividend Equity ETF by 2.0% during the second quarter. Mirador Capital Partners LP now owns 20,644 shares of the company’s stock valued at $547,000 after buying an additional 404 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of NYSEARCA:SCHD opened at $27.28 on Wednesday. The stock’s 50-day moving average price is $27.34 and its 200-day moving average price is $26.75. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The stock has a market capitalization of $71.48 billion, a P/E ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF Company 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.