Precedent Wealth Partners LLC Sells 727 Shares of Schwab US Dividend Equity ETF $SCHD

Precedent Wealth Partners LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,168 shares of the company’s stock after selling 727 shares during the period. Precedent Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,382,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at about $27,000. Kozak & Associates Inc. boosted its holdings in Schwab US Dividend Equity ETF by 476.1% in 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. Financial Management Professionals Inc. boosted its holdings in Schwab US Dividend Equity ETF by 241.9% in 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 bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $38,000. Finally, Optimum Investment Advisors lifted its holdings in shares of 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 worth $39,000 after acquiring an additional 505 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of Schwab US Dividend Equity ETF stock opened at $27.41 on Friday. The company has a 50 day moving average of $27.33 and a 200-day moving average of $26.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a market cap of $71.87 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.