Prime Capital Investment Advisors LLC Has $2.51 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Prime Capital Investment Advisors LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 62.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,797 shares of the company’s stock after selling 157,978 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,512,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SCHD. Brighton Jones LLC grew its stake in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its stake in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the last quarter. GAMMA Investing LLC grew its stake in Schwab US Dividend Equity ETF by 2,394.1% in the 1st quarter. GAMMA Investing LLC now owns 243,252 shares of the company’s stock valued at $6,801,000 after buying an additional 233,499 shares during the last quarter. Finally, OLD National Bancorp IN acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at $386,000.

Schwab US Dividend Equity ETF Trading Down 0.2%

NYSEARCA:SCHD opened at $27.28 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The firm’s fifty day simple moving average is $27.34 and its 200 day simple moving average is $26.75. The firm has a market capitalization of $71.48 billion, a PE 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.