Opes Wealth Management LLC Sells 735 Shares of Schwab US Dividend Equity ETF $SCHD

Opes Wealth Management LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,824 shares of the company’s stock after selling 735 shares during the quarter. Opes Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,274,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHD. Kozak & Associates Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the last quarter. PrairieView Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares during the last quarter. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $38,000. Finally, Optimum Investment Advisors boosted its holdings in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

Shares of SCHD opened at $27.03 on Friday. The stock has a market cap of $70.21 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The business has a 50-day simple moving average of $27.34 and a two-hundred day simple moving average of $26.73.

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.