Kanawha Capital Management LLC Has $1.11 Million Position in Schwab US Dividend Equity ETF $SCHD

Kanawha Capital Management LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,722 shares of the company’s stock after selling 2,900 shares during the quarter. Kanawha Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,106,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHD. Kozak & Associates Inc. raised its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the period. PrairieView Partners LLC raised its stake in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the period. Financial Management Professionals Inc. raised its stake in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the period. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $38,000. Finally, Optimum Investment Advisors raised its stake in Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.8%

Shares of NYSEARCA:SCHD opened at $26.79 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The company has a market cap of $69.80 billion, a P/E ratio of 14.57 and a beta of 0.88. The company’s fifty day moving average is $27.36 and its two-hundred day moving average is $26.70.

Schwab US Dividend Equity ETF Company 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.