Dale Q Rice Investment Management Ltd Has $619,000 Position in Schwab US Dividend Equity ETF $SCHD

Dale Q Rice Investment Management Ltd cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 22,983 shares of the company’s stock after selling 22,023 shares during the quarter. Dale Q Rice Investment Management Ltd’s holdings in Schwab US Dividend Equity ETF were worth $619,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Kozak & Associates Inc. grew its holdings in shares of 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. PrairieView Partners LLC grew its holdings in shares of 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 during the last quarter. Financial Management Professionals Inc. grew its holdings in shares of 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 stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at approximately $38,000. Finally, Optimum Investment Advisors grew its holdings 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 valued at $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of Schwab US Dividend Equity ETF stock opened at $26.79 on Friday. The firm has a market capitalization of $69.80 billion, a PE ratio of 14.57 and a beta of 0.88. The firm’s 50 day moving average is $27.36 and its 200 day moving average is $26.70. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year 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.