Schwab US Dividend Equity ETF $SCHD Shares Sold by NWF Advisory Services Inc.

NWF Advisory Services Inc. trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 33.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,356 shares of the company’s stock after selling 36,453 shares during the period. NWF Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,294,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Byrne Asset Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. purchased a new position in Schwab US Dividend Equity ETF in the second quarter worth $27,000. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter worth $25,000. Ashton Thomas Securities LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter worth $32,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $35.08 on Friday. The firm has a market capitalization of $108.99 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31. The company’s fifty day moving average is $33.58 and its two-hundred day moving average is $32.23.

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.