Walker Financial Services Inc. Trims Stock Position in Schwab US Dividend Equity ETF $SCHD

Walker Financial Services Inc. reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 22.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,184,492 shares of the company’s stock after selling 338,367 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 12.6% of Walker Financial Services Inc.’s holdings, making the stock its largest holding. Walker Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $32,337,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $1,031,129,000. Avantax Advisory Services Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after purchasing an additional 796,001 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after purchasing an additional 1,083,206 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after purchasing an additional 113,330 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Schwab US Dividend Equity ETF by 3.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 12,067,607 shares of the company’s stock worth $330,049,000 after buying an additional 412,988 shares during the period.

Schwab US Dividend Equity ETF Trading Down 1.0%

Schwab US Dividend Equity ETF stock opened at $27.47 on Wednesday. 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 50-day moving average price of $27.10 and a 200-day moving average price of $27.13. The firm has a market capitalization of $71.03 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.