Nadler Financial Group Inc. Sells 735,259 Shares of Schwab US Dividend Equity ETF $SCHD

Nadler Financial Group Inc. decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 85.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,643 shares of the company’s stock after selling 735,259 shares during the period. Nadler Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,855,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in shares of Schwab US Dividend Equity ETF by 5.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after purchasing an additional 552,907 shares in the last quarter. Avantax Planning Partners Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 3.8% in the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the period. Royal Bank of Canada grew its stake in shares of Schwab US Dividend Equity ETF by 4.0% during the fourth quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after purchasing an additional 304,047 shares during the period. Finally, Cibc World Market Inc. increased its holdings in Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.5%

NYSEARCA:SCHD opened at $32.56 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92. The business’s 50-day moving average price is $32.18 and its two-hundred day moving average price is $30.94. The firm has a market capitalization of $98.88 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.