Northeast Financial Group Inc. Sells 249,134 Shares of Schwab US Dividend Equity ETF $SCHD

Northeast Financial Group Inc. lowered its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 269,607 shares of the company’s stock after selling 249,134 shares during the period. Schwab US Dividend Equity ETF comprises about 1.8% of Northeast Financial Group Inc.’s portfolio, making the stock its 20th biggest holding. Northeast Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,362,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Strategic Family Wealth Counselors L.L.C. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.6% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 468,236 shares of the company’s stock worth $12,783,000 after acquiring an additional 2,606 shares during the last quarter. Clear Creek Financial Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.6% during the third quarter. Clear Creek Financial Management LLC now owns 46,936 shares of the company’s stock worth $1,281,000 after buying an additional 741 shares during the last quarter. Midland Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 13.1% during the third quarter. Midland Wealth Advisors LLC now owns 16,635 shares of the company’s stock worth $454,000 after buying an additional 1,923 shares in the last quarter. King Luther Capital Management Corp increased its holdings in shares of Schwab US Dividend Equity ETF by 0.9% during the third quarter. King Luther Capital Management Corp now owns 93,110 shares of the company’s stock worth $2,542,000 after buying an additional 859 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Schwab US Dividend Equity ETF by 5.1% in the 3rd quarter. Synovus Financial Corp now owns 132,745 shares of the company’s stock valued at $3,624,000 after acquiring an additional 6,397 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0%

Shares of SCHD stock opened at $31.57 on Friday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.88. The stock’s fifty day simple moving average is $29.12 and its 200 day simple moving average is $27.88. The firm has a market capitalization of $83.04 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.