Schwab US Dividend Equity ETF $SCHD Stock: Nadler Financial Group Inc. Reduces Stake

Nadler Financial Group Inc. cut its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 90.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 117,506 shares of the company’s stock after selling 1,174,526 shares during the period. Nadler Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,822,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cahill Financial Advisors Inc. boosted its stake in Schwab US Dividend Equity ETF by 6.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after purchasing an additional 22,218 shares during the period. Dominguez Wealth Management Solutions Inc. grew its position in Schwab US Dividend Equity ETF by 434.1% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after purchasing an additional 170,021 shares in the last quarter. Bangor Savings Bank acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $2,480,000. HB Wealth Management LLC raised its stake in Schwab US Dividend Equity ETF by 8.4% during the 2nd quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock valued at $56,462,000 after purchasing an additional 137,402 shares during the period. Finally, Concurrent Investment Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 15.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock valued at $12,694,000 after acquiring an additional 52,223 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $35.27 on Monday. The company has a market capitalization of $118.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.45. The business’s 50-day moving average is $34.07 and its 200-day moving average is $32.92.

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.