Cozad Asset Management Inc. Sells 23,310 Shares of Schwab US Dividend Equity ETF $SCHD

Cozad Asset Management Inc. lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 527,677 shares of the company’s stock after selling 23,310 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 1.2% of Cozad Asset Management Inc.’s holdings, making the stock its 20th biggest holding. Cozad Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $13,983,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AlphaCore Capital LLC raised its stake in shares of Schwab US Dividend Equity ETF by 37.1% in the second quarter. AlphaCore Capital LLC now owns 104,826 shares of the company’s stock valued at $2,778,000 after acquiring an additional 28,371 shares during the last quarter. Reliant Wealth Planning increased its holdings in Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Reliant Wealth Planning now owns 1,650,384 shares of the company’s stock valued at $43,735,000 after purchasing an additional 70,061 shares in the last quarter. Franklin Resources Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at $156,000. Archer Investment Corp boosted its stake in Schwab US Dividend Equity ETF by 13.0% in the second quarter. Archer Investment Corp now owns 8,063 shares of the company’s stock worth $214,000 after purchasing an additional 929 shares in the last quarter. Finally, MAI Capital Management increased its stake in shares of Schwab US Dividend Equity ETF by 1.6% in the second quarter. MAI Capital Management now owns 2,177,360 shares of the company’s stock valued at $57,700,000 after buying an additional 34,104 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.8%

Schwab US Dividend Equity ETF stock opened at $27.10 on Friday. The stock has a 50-day simple moving average of $27.02 and a 200 day simple moving average of $26.94. The stock has a market capitalization of $70.08 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF 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.