Schwab US Dividend Equity ETF $SCHD Shares Sold by Trek Financial LLC

Trek Financial LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,768 shares of the company’s stock after selling 39,171 shares during the quarter. Trek Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,361,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHD. MOKAN Wealth Management Inc. grew its stake in Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after acquiring an additional 6,985 shares during the period. Advisory Resource Group lifted its stake in shares of Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,520 shares during the period. Elevate Wealth Advisory Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% during the first quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after purchasing an additional 3,915 shares during the last quarter. AE Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 13.2% in the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares during the period. Finally, Muirfield Wealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 19.4% in the second quarter. Muirfield Wealth Advisors LLC now owns 98,573 shares of the company’s stock valued at $2,612,000 after purchasing an additional 15,988 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.5%

Schwab US Dividend Equity ETF stock opened at $27.40 on Wednesday. The stock has a fifty day moving average price of $27.02 and a 200 day moving average price of $27.02. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.40. The firm has a market capitalization of $70.85 billion, a P/E 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.