Koshinski Asset Management Inc. Sells 54,424 Shares of Schwab US Dividend Equity ETF $SCHD

Koshinski Asset Management Inc. lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 522,578 shares of the company’s stock after selling 54,424 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Koshinski Asset Management Inc.’s holdings, making the stock its 18th biggest position. Koshinski Asset Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SCHD. Ellis Investment Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares during the period. Harbor Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after buying an additional 383 shares in the last quarter. Westside Investment Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 5.6% during the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after buying an additional 383 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock worth $339,000 after buying an additional 402 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in Schwab US Dividend Equity ETF by 2.9% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock worth $394,000 after acquiring an additional 410 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

NYSEARCA:SCHD opened at $31.61 on Friday. The stock has a market cap of $83.14 billion, a P/E ratio of 14.57 and a beta of 0.77. The business’s 50-day moving average price is $29.20 and its two-hundred day moving average price is $27.93. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.88.

Schwab US Dividend Equity ETF 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.