PDS Planning Inc Decreases Holdings in Schwab US Dividend Equity ETF $SCHD

PDS Planning Inc trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 18,502 shares of the company’s stock after selling 423 shares during the quarter. PDS Planning Inc’s holdings in Schwab US Dividend Equity ETF were worth $490,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Opal Wealth Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $27,000. Kozak & Associates Inc. grew its holdings in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the last quarter. Cooksen Wealth LLC bought a new position in Schwab US Dividend Equity ETF during the 1st quarter valued at about $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 purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.7%

Shares of NYSEARCA:SCHD opened at $26.54 on Friday. The company has a market capitalization of $69.35 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The firm’s 50-day moving average is $27.36 and its 200 day moving average is $26.73.

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.