Schwab US Dividend Equity ETF $SCHD Holdings Lowered by SOA Wealth Advisors LLC.

SOA Wealth Advisors LLC. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,005 shares of the company’s stock after selling 10,435 shares during the period. SOA Wealth Advisors LLC.’s holdings in Schwab US Dividend Equity ETF were worth $689,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth $27,000. Kozak & Associates Inc. grew 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 acquiring an additional 938 shares during the period. Financial Management Professionals Inc. grew 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 acquiring an additional 907 shares during the period. Cooksen Wealth LLC bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth about $38,000. Finally, Optimum Investment Advisors lifted its holdings in Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.53 on Thursday. The firm’s 50 day moving average is $27.33 and its 200-day moving average is $26.78. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The stock has a market capitalization of $71.81 billion, a P/E ratio of 14.57 and a beta of 0.88.

Schwab US Dividend Equity ETF 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.