IFP Advisors Inc Sells 34,132 Shares of Schwab US Dividend Equity ETF $SCHD

IFP Advisors Inc lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 778,158 shares of the company’s stock after selling 34,132 shares during the period. IFP Advisors Inc’s holdings in Schwab US Dividend Equity ETF were worth $21,244,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Biltmore Family Office LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares in the last quarter. Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $33,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $35,000. Reyes Financial Architecture Inc. grew its position in Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,237 shares during the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $36,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $30.58 on Thursday. The company has a 50-day simple moving average of $30.49 and a two-hundred day simple moving average of $28.41. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The stock has a market capitalization of $80.43 billion, a PE ratio of 14.57 and a beta of 0.77.

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.