USAdvisors Wealth Management LLC Sells 18,498 Shares of Schwab US Dividend Equity ETF $SCHD

USAdvisors Wealth Management LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% during the third quarter, HoldingsChannel.com reports. The firm owned 222,227 shares of the company’s stock after selling 18,498 shares during the period. Schwab US Dividend Equity ETF accounts for 2.1% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 12th biggest position. USAdvisors Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the business. Biltmore Family Office LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the last quarter. Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $41,000. True Wealth Design LLC boosted its position in Schwab US Dividend Equity ETF by 42.9% during the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after purchasing an additional 450 shares during the last quarter. Total Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF in the second quarter valued at approximately $43,000. Finally, Morton Brown Family Wealth LLC increased its position in shares of Schwab US Dividend Equity ETF by 41.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after purchasing an additional 477 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.8%

NYSEARCA SCHD opened at $31.59 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The stock has a 50 day moving average of $29.76 and a 200-day moving average of $28.16. The company has a market cap of $83.09 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.