Solitude Financial Services Has $206,000 Position in Schwab US Dividend Equity ETF $SCHD

Solitude Financial Services cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,771 shares of the company’s stock after selling 1,259 shares during the quarter. Solitude Financial Services’ holdings in Schwab US Dividend Equity ETF were worth $206,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. RMG Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $132,621,000. Woodside Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 1.8% during the 2nd quarter. Woodside Wealth Management LLC now owns 108,921 shares of the company’s stock worth $2,886,000 after purchasing an additional 1,925 shares in the last quarter. Next Level Wealth Planning LLC increased its position in Schwab US Dividend Equity ETF by 10.0% during the 2nd quarter. Next Level Wealth Planning LLC now owns 383,170 shares of the company’s stock worth $10,154,000 after purchasing an additional 34,731 shares in the last quarter. D.B. Root & Company LLC increased its position in Schwab US Dividend Equity ETF by 8.5% during the 2nd quarter. D.B. Root & Company LLC now owns 212,686 shares of the company’s stock worth $5,636,000 after purchasing an additional 16,676 shares in the last quarter. Finally, Capital Advisors Inc. OK increased its position in Schwab US Dividend Equity ETF by 3.7% during the 2nd quarter. Capital Advisors Inc. OK now owns 42,248 shares of the company’s stock worth $1,120,000 after purchasing an additional 1,521 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.34 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The company has a 50 day simple moving average of $27.33 and a 200 day simple moving average of $26.75. The stock has a market cap of $71.64 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.