Schwab US Dividend Equity ETF $SCHD Position Lessened by WESPAC Advisors LLC

WESPAC Advisors LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 64.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,169 shares of the company’s stock after selling 74,837 shares during the period. WESPAC Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,372,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHD. Vanguard Capital Wealth Advisors boosted its stake in Schwab US Dividend Equity ETF by 0.8% during the third quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock valued at $1,265,000 after buying an additional 296 shares in the last quarter. Wealth Management Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 1.7% during the third quarter. Wealth Management Partners LLC now owns 18,307 shares of the company’s stock worth $596,000 after acquiring an additional 300 shares during the period. Triumph Capital Management raised its position in Schwab US Dividend Equity ETF by 14.6% in the third quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock worth $78,000 after acquiring an additional 305 shares in the last quarter. Gemmer Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 1.5% in the second quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock worth $686,000 after acquiring an additional 317 shares in the last quarter. Finally, FC Advisory LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.8% in the 3rd quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock valued at $626,000 after acquiring an additional 336 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.1%

Shares of NYSEARCA SCHD opened at $35.30 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.45. The firm has a 50-day moving average of $34.06 and a two-hundred day moving average of $32.14. The company has a market capitalization of $118.54 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.