Schwab US Dividend Equity ETF $SCHD Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 419,786 shares of the company’s stock after selling 64,877 shares during the period. Schwab US Dividend Equity ETF comprises 0.8% of Koshinski Asset Management Inc.’s holdings, making the stock its 24th biggest position. Koshinski Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $12,879,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its position in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 35.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, United Bank increased its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $32.39 on Friday. The firm has a fifty day moving average price of $32.06 and a 200 day moving average price of $30.72. Schwab US Dividend Equity ETF has a 1 year low of $26.21 and a 1 year high of $32.92. The stock has a market cap of $97.86 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.