Nadler Financial Group Inc. Sells 735,259 Shares of Schwab US Dividend Equity ETF $SCHD

Nadler Financial Group Inc. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 85.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,643 shares of the company’s stock after selling 735,259 shares during the period. Nadler Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,855,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC lifted its holdings in Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after buying an additional 155,769 shares in the last quarter. Finally, United Bank boosted its position in Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after buying an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5%

Shares of Schwab US Dividend Equity ETF stock opened at $32.56 on Tuesday. The stock has a market capitalization of $98.88 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm’s 50-day moving average price is $32.18 and its two-hundred day moving average price is $30.94. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92.

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.