J.W. Cole Advisors Inc. Trims Stock Position in Schwab US Dividend Equity ETF $SCHD

J.W. Cole Advisors Inc. trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 197,895 shares of the company’s stock after selling 17,570 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,403,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHD. Biltmore Family Office LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. PrairieView Partners LLC raised its position in Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the last quarter. Independence Bank of Kentucky acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $41,000. True Wealth Design LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 42.9% in the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the period. Finally, Total Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at about $43,000.

Schwab US Dividend Equity ETF Stock Up 1.7%

NYSEARCA SCHD opened at $31.01 on Thursday. The stock has a market capitalization of $81.56 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.08. The firm has a 50-day moving average price of $28.27 and a 200 day moving average price of $27.55.

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.