Austin Private Wealth LLC Sells 1,859 Shares of Schwab US Dividend Equity ETF $SCHD

Austin Private Wealth LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 24,026 shares of the company’s stock after selling 1,859 shares during the quarter. Austin Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $637,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. 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 valued at $31,000 after purchasing an additional 938 shares during the period. PrairieView Partners LLC grew its position in Schwab US Dividend Equity ETF by 57.3% in 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 period. Financial Management Professionals Inc. grew its position in 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 valued at $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 1st quarter valued at $38,000. Finally, Optimum Investment Advisors grew its position in Schwab US Dividend Equity ETF by 57.6% in 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 period.

Schwab US Dividend Equity ETF Trading Down 0.4%

NYSEARCA SCHD opened at $27.00 on Wednesday. The company has a fifty day simple moving average of $27.33 and a 200 day simple moving average of $26.79. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The company has a market cap of $69.94 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.