Smart Money Group LLC Decreases Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Smart Money Group LLC reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 45.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,564 shares of the company’s stock after selling 7,825 shares during the period. Smart Money Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $253,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Savant Capital LLC lifted its holdings in Schwab US Dividend Equity ETF by 20.2% in the 2nd quarter. Savant Capital LLC now owns 118,068 shares of the company’s stock worth $3,129,000 after buying an additional 19,848 shares during the period. Texas Yale Capital Corp. raised its holdings in shares of Schwab US Dividend Equity ETF by 1.4% during the second quarter. Texas Yale Capital Corp. now owns 163,687 shares of the company’s stock valued at $4,338,000 after acquiring an additional 2,315 shares in the last quarter. Modera Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 21.3% in the second quarter. Modera Wealth Management LLC now owns 38,646 shares of the company’s stock worth $1,024,000 after acquiring an additional 6,775 shares during the period. Souders Financial Advisors boosted its holdings in Schwab US Dividend Equity ETF by 4.3% in the second quarter. Souders Financial Advisors now owns 982,022 shares of the company’s stock valued at $26,024,000 after acquiring an additional 40,344 shares in the last quarter. Finally, Paladin Advisory Group LLC increased its position in Schwab US Dividend Equity ETF by 2.2% during the 2nd quarter. Paladin Advisory Group LLC now owns 146,084 shares of the company’s stock valued at $3,871,000 after purchasing an additional 3,100 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $26.52 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The firm has a market capitalization of $68.58 billion, a PE ratio of 14.57 and a beta of 0.77. The company has a 50-day simple moving average of $27.17 and a two-hundred day simple moving average of $26.84.

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.