Yoder Wealth Management Inc. Sells 390 Shares of Schwab US Dividend Equity ETF $SCHD

Yoder Wealth Management Inc. decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,051 shares of the company’s stock after selling 390 shares during the period. Yoder Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,061,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $1,031,129,000. LPL Financial LLC raised its stake in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares during the period. Wealthspire Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after buying an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. raised its stake in Schwab US Dividend Equity ETF by 6.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after buying an additional 1,637,300 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock worth $491,196,000 after buying an additional 113,330 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.41 on Friday. The stock’s 50 day simple moving average is $27.33 and its 200 day simple moving average is $26.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The company has a market cap of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.