Schwab US Dividend Equity ETF $SCHD Shares Sold by SRH Advisors LLC

SRH Advisors LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 926,301 shares of the company’s stock after selling 16,251 shares during the period. Schwab US Dividend Equity ETF comprises 7.5% of SRH Advisors LLC’s holdings, making the stock its 3rd biggest position. SRH Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $24,547,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SCHD. Opal Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $27,000. Kozak & Associates Inc. increased its stake in shares of 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 purchasing an additional 938 shares during the period. Financial Management Professionals Inc. increased its stake 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 worth $34,000 after purchasing an additional 907 shares during the period. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $38,000. Finally, Optimum Investment Advisors increased its stake in shares of 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 purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.3%

Shares of NYSEARCA SCHD opened at $27.41 on Monday. The firm has a market cap of $71.87 billion, a P/E 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 business’s 50 day moving average is $27.33 and its 200-day moving average is $26.75.

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.