Annex Advisory Services LLC Sells 17,795 Shares of Schwab US Dividend Equity ETF $SCHD

Annex Advisory Services LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.9% in the second quarter, HoldingsChannel reports. The fund owned 182,569 shares of the company’s stock after selling 17,795 shares during the period. Annex Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,789,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JFS Wealth Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 245.1% in the second quarter. JFS Wealth Advisors LLC now owns 20,885 shares of the company’s stock valued at $662,000 after acquiring an additional 14,834 shares during the last quarter. DiNuzzo Private Wealth Inc. bought a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth about $27,000. Dagco Inc. raised its holdings in Schwab US Dividend Equity ETF by 5.1% during the 2nd quarter. Dagco Inc. now owns 822,011 shares of the company’s stock worth $26,066,000 after purchasing an additional 39,927 shares during the last quarter. Canvas Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 3.1% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 401,118 shares of the company’s stock valued at $12,719,000 after purchasing an additional 12,105 shares during the period. Finally, Arkfeld Wealth Strategies L.L.C. acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter valued at about $221,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of NYSEARCA SCHD opened at $34.27 on Wednesday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $34.34. The firm’s 50-day moving average is $32.70 and its 200-day moving average is $31.70. The firm has a market capitalization of $106.47 billion, a PE ratio of 14.57 and a beta of 0.67.

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.