Schwab US Dividend Equity ETF $SCHD Shares Sold by Southland Equity Partners LLC

Southland Equity Partners LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 695,335 shares of the company’s stock after selling 1,597 shares during the period. Schwab US Dividend Equity ETF comprises approximately 4.0% of Southland Equity Partners LLC’s investment portfolio, making the stock its 6th biggest position. Southland Equity Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $18,426,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $27,000. Kozak & Associates Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. Cooksen Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $38,000. Optimum Investment Advisors increased its stake in shares of Schwab US Dividend Equity ETF by 57.6% in the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after buying an additional 505 shares during the period. Finally, MTM Investment Management LLC bought a new position in Schwab US Dividend Equity ETF during the first quarter worth $40,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of NYSEARCA SCHD opened at $27.33 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a fifty day simple moving average of $27.31 and a 200 day simple moving average of $26.80. The company has a market capitalization of $71.28 billion, a PE ratio of 14.57 and a beta of 0.88.

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.