Valmark Advisers Inc. Has $72.07 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Valmark Advisers Inc. cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,627,467 shares of the company’s stock after selling 171,181 shares during the period. Schwab US Dividend Equity ETF makes up approximately 0.9% of Valmark Advisers Inc.’s investment portfolio, making the stock its 25th largest holding. Valmark Advisers Inc. owned about 0.10% of Schwab US Dividend Equity ETF worth $72,071,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Colorado Capital Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares during the period. Ellis Investment Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after purchasing an additional 375 shares during the period. Harbor Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 4.8% during the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Westside Investment Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares in the last quarter. Finally, International Private Wealth Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1%

SCHD stock opened at $30.71 on Wednesday. The business’s 50-day moving average price is $31.05 and its two-hundred day moving average price is $28.84. The firm has a market cap of $85.88 billion, a PE ratio of 14.57 and a beta of 0.70. Schwab US Dividend Equity ETF has a 1-year low of $24.76 and a 1-year high of $31.95.

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.