JNBA Financial Advisors Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

JNBA Financial Advisors decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.5% during the fourth quarter, HoldingsChannel reports. The firm owned 246,152 shares of the company’s stock after selling 41,890 shares during the period. Schwab US Dividend Equity ETF makes up approximately 0.6% of JNBA Financial Advisors’ holdings, making the stock its 29th biggest holding. JNBA Financial Advisors’ holdings in Schwab US Dividend Equity ETF were worth $6,752,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. raised its position in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares in the last quarter. Biltmore Family Office LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $35,000. Finally, Reyes Financial Architecture Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after buying an additional 1,237 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.5%

SCHD opened at $30.81 on Friday. The company has a market cap of $86.55 billion, a P/E ratio of 14.57 and a beta of 0.70. The business’s 50-day moving average price is $31.04 and its 200-day moving average price is $28.86. Schwab US Dividend Equity ETF has a 12 month low of $24.76 and a 12 month high of $31.95.

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.