Schwab US Dividend Equity ETF $SCHD Shares Sold by Northwest Capital Management Inc

Northwest Capital Management Inc decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 236,825 shares of the company’s stock after selling 80,262 shares during the quarter. Schwab US Dividend Equity ETF comprises 3.4% of Northwest Capital Management Inc’s portfolio, making the stock its 5th largest position. Northwest Capital Management Inc’s holdings in Schwab US Dividend Equity ETF were worth $6,276,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth approximately $27,000. Kozak & Associates Inc. increased its position 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 purchasing an additional 938 shares during the last quarter. PrairieView Partners LLC increased its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. increased its position 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 purchasing an additional 907 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth approximately $38,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $26.63 on Tuesday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company has a 50 day moving average price of $27.36 and a 200 day moving average price of $26.72. The firm has a market capitalization of $69.53 billion, a price-to-earnings 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.