Schwab US Dividend Equity ETF $SCHD is Powers Advisory Group LLC’s 2nd Largest Position

Powers Advisory Group LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 665,788 shares of the company’s stock after selling 14,832 shares during the period. Schwab US Dividend Equity ETF accounts for about 7.8% of Powers Advisory Group LLC’s investment portfolio, making the stock its 2nd biggest position. Powers Advisory Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,643,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $27,000. Kozak & Associates Inc. lifted its holdings in Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the period. Financial Management Professionals Inc. lifted its holdings in 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 worth $34,000 after buying an additional 907 shares during the period. Cooksen Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF during the first quarter worth $38,000. Finally, Optimum Investment Advisors lifted its holdings 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 worth $39,000 after buying an additional 505 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.7%

Schwab US Dividend Equity ETF stock opened at $27.30 on Wednesday. The business has a fifty day moving average of $27.33 and a two-hundred day moving average of $26.77. The firm has a market cap of $71.21 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72.

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.