Kraft Davis & Associates LLC Trims Position in Schwab US Dividend Equity ETF $SCHD

Kraft Davis & Associates LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 39.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,675 shares of the company’s stock after selling 66,852 shares during the period. Schwab US Dividend Equity ETF comprises 0.8% of Kraft Davis & Associates LLC’s holdings, making the stock its 29th biggest holding. Kraft Davis & Associates LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Kozak & Associates Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 476.1% in the second 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 period. PrairieView Partners LLC raised its position in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the period. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $38,000. Finally, Optimum Investment Advisors grew its position in shares of 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 worth $39,000 after buying an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.8%

Shares of Schwab US Dividend Equity ETF stock opened at $26.57 on Friday. The stock’s fifty day moving average price is $27.36 and its 200-day moving average price is $26.71. The firm has a market cap of $69.23 billion, a P/E 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.

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.