Financial Advisors LLC Has $260,000 Holdings in Schwab US Dividend Equity ETF $SCHD

Financial Advisors LLC cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,802 shares of the company’s stock after selling 1,156 shares during the quarter. Financial Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $260,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kozak & Associates Inc. increased its position in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC grew its holdings in 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 worth $33,000 after purchasing an additional 467 shares during the period. Financial Management Professionals Inc. grew its holdings in 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 worth $34,000 after purchasing an additional 907 shares during the period. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the first quarter worth $38,000. Finally, Optimum Investment Advisors grew its holdings in Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8%

NYSEARCA:SCHD opened at $26.79 on Monday. The stock has a market capitalization of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The firm has a fifty day simple moving average of $27.36 and a two-hundred day simple moving average of $26.69. 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.