Creative Planning Sells 107,254 Shares of Schwab US Dividend Equity ETF $SCHD

Creative Planning lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,376,728 shares of the company’s stock after selling 107,254 shares during the quarter. Creative Planning’s holdings in Schwab US Dividend Equity ETF were worth $115,983,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. MOKAN Wealth Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 4.9% in the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after buying an additional 6,985 shares during the period. Principal Financial Group Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $384,000. Elevate Wealth Advisory Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 7.4% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,915 shares during the period. AE Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 13.2% in the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after purchasing an additional 37,403 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 19.4% during the second quarter. Muirfield Wealth Advisors LLC now owns 98,573 shares of the company’s stock worth $2,612,000 after purchasing an additional 15,988 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.1%

NYSEARCA SCHD opened at $27.24 on Friday. 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 50-day simple moving average of $27.08 and a 200 day simple moving average of $26.90. The company has a market capitalization of $70.44 billion, a PE 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.