Schwab US Dividend Equity ETF $SCHD Shares Sold by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,979 shares of the company’s stock after selling 5,959 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $900,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Kozak & Associates Inc. grew its holdings 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 valued at $31,000 after buying an additional 938 shares in the last quarter. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in shares of 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. Optimum Investment Advisors lifted its position in shares of Schwab US Dividend Equity ETF by 57.6% in 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 in the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth approximately $39,000.

Schwab US Dividend Equity ETF Stock Down 0.2%

Shares of NYSEARCA:SCHD opened at $26.52 on Friday. The firm has a fifty day moving average of $27.17 and a two-hundred day moving average of $26.84. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a market capitalization of $68.58 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.