Garden State Investment Advisory Services LLC Sells 77,151 Shares of Schwab US Dividend Equity ETF $SCHD

Garden State Investment Advisory Services LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 31.0% in the second quarter, HoldingsChannel.com reports. The firm owned 171,917 shares of the company’s stock after selling 77,151 shares during the period. Schwab US Dividend Equity ETF comprises 1.1% of Garden State Investment Advisory Services LLC’s holdings, making the stock its 16th largest position. Garden State Investment Advisory Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,558,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kozak & Associates Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares during the last quarter. PrairieView Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares in the last quarter. Financial Management Professionals Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Schwab US Dividend Equity ETF during the second quarter worth $39,000. Finally, Keystone Global Partners LLC bought a new stake in Schwab US Dividend Equity ETF during the first quarter worth $56,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.68 on Friday. The business has a fifty day simple moving average of $27.09 and a 200 day simple moving average of $27.09. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $28.84. The firm has a market capitalization of $71.58 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.