Financial Guidance Group Inc. Reduces Stake in Schwab US Dividend Equity ETF $SCHD

Financial Guidance Group Inc. trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 531,741 shares of the company’s stock after selling 26,611 shares during the quarter. Schwab US Dividend Equity ETF accounts for 6.8% of Financial Guidance Group Inc.’s portfolio, making the stock its 2nd largest holding. Financial Guidance Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,091,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kozak & Associates Inc. grew its position 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 during the last quarter. PrairieView Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares during the period. Financial Management Professionals Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the period. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF during the first quarter worth about $38,000. Finally, Optimum Investment Advisors increased its stake in Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.8%

Schwab US Dividend Equity ETF stock opened at $26.57 on Friday. 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 cap of $69.23 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business has a 50 day moving average price of $27.36 and a two-hundred day moving average price of $26.71.

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.