Commonwealth Retirement Investments LLC Cuts Position in Schwab US Dividend Equity ETF $SCHD

Commonwealth Retirement Investments LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 53,156 shares of the company’s stock after selling 3,923 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,409,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kozak & Associates Inc. boosted its stake in shares of 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 buying an additional 938 shares during the last quarter. Financial Management Professionals Inc. boosted its stake 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 last quarter. PrairieView Partners LLC boosted its stake in shares of 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 worth $33,000 after buying an additional 467 shares during the last quarter. Optimum Investment Advisors boosted its stake in shares of 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 worth $39,000 after buying an additional 505 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $40,000.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of NYSEARCA SCHD opened at $26.44 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The stock’s 50 day moving average price is $27.22 and its 200-day moving average price is $26.84. The company has a market capitalization of $68.44 billion, a PE 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.