Grandview Asset Management LLC Sells 559 Shares of Schwab US Dividend Equity ETF $SCHD

Grandview Asset Management LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,589 shares of the company’s stock after selling 559 shares during the period. Grandview Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth $27,000. Kozak & Associates Inc. grew its holdings in 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 worth $31,000 after purchasing an additional 938 shares during the period. Financial Management Professionals Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at approximately $38,000. Finally, Optimum Investment Advisors lifted its position in Schwab US Dividend Equity ETF by 57.6% during the first 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 Trading Up 0.8%

SCHD opened at $27.21 on Friday. The company has a market capitalization of $70.97 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The firm’s 50 day simple moving average is $27.32 and its two-hundred day simple moving average is $26.78.

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.