BKM Wealth Management LLC Has $2.69 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

BKM Wealth Management LLC reduced its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 87,667 shares of the company’s stock after selling 37,904 shares during the period. Schwab US Dividend Equity ETF accounts for 1.0% of BKM Wealth Management LLC’s holdings, making the stock its 29th biggest holding. BKM Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,690,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SCHD. Wernau Asset Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 3.2% during the first quarter. Wernau Asset Management Inc. now owns 33,046 shares of the company’s stock valued at $1,014,000 after purchasing an additional 1,030 shares during the period. Cornerstone Wealth Group LLC grew its stake in shares of Schwab US Dividend Equity ETF by 152.2% in the 1st quarter. Cornerstone Wealth Group LLC now owns 44,676 shares of the company’s stock valued at $1,384,000 after buying an additional 26,963 shares during the period. Citrine Capital LLC increased its position in Schwab US Dividend Equity ETF by 33.2% in the 1st quarter. Citrine Capital LLC now owns 17,429 shares of the company’s stock valued at $535,000 after buying an additional 4,340 shares in the last quarter. Hofer & Associates. Inc increased its position in Schwab US Dividend Equity ETF by 2.0% in the 1st quarter. Hofer & Associates. Inc now owns 192,392 shares of the company’s stock valued at $5,903,000 after buying an additional 3,766 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new position in Schwab US Dividend Equity ETF during the 1st quarter worth approximately $227,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $32.09 on Friday. The business’s 50 day simple moving average is $31.96 and its two-hundred day simple moving average is $30.56. The firm has a market cap of $91.09 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92.

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.