Nadler Financial Group Inc. Decreases Position in Schwab US Dividend Equity ETF $SCHD

Nadler Financial Group Inc. decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917,146 shares of the company’s stock after selling 119,395 shares during the quarter. Schwab US Dividend Equity ETF comprises about 2.4% of Nadler Financial Group Inc.’s portfolio, making the stock its 16th biggest position. Nadler Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $25,038,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Verus Financial Partners Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the third quarter. Verus Financial Partners Inc. now owns 1,034,362 shares of the company’s stock valued at $28,238,000 after acquiring an additional 17,749 shares in the last quarter. Carmel Capital Partners LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $352,000. Millstone Evans Group LLC increased its stake in Schwab US Dividend Equity ETF by 455.1% during the 3rd quarter. Millstone Evans Group LLC now owns 7,772 shares of the company’s stock valued at $212,000 after purchasing an additional 6,372 shares in the last quarter. Leelyn Smith LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.2% in the third quarter. Leelyn Smith LLC now owns 1,468,832 shares of the company’s stock worth $40,099,000 after buying an additional 45,292 shares during the last quarter. Finally, Fiducient Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 2.6% during the third quarter. Fiducient Advisors LLC now owns 71,116 shares of the company’s stock worth $1,941,000 after buying an additional 1,769 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $29.17 on Friday. The company’s fifty day moving average price is $27.79 and its 200-day moving average price is $27.39. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.26. The firm has a market capitalization of $76.50 billion, a PE ratio of 14.57 and a beta of 0.77.

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.