JFS Wealth Advisors LLC Cuts Stock Holdings in Schwab US Dividend Equity ETF $SCHD

JFS Wealth Advisors LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,493 shares of the company’s stock after selling 2,197 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHD. Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares in the last quarter. CX Institutional purchased a new stake in Schwab US Dividend Equity ETF in the first quarter worth approximately $367,000. Finally, NorthCrest Asset Manangement LLC boosted its stake in Schwab US Dividend Equity ETF by 14.4% in the first quarter. NorthCrest Asset Manangement LLC now owns 48,256 shares of the company’s stock worth $1,349,000 after buying an additional 6,074 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $26.54 on Friday. The firm has a market cap of $69.35 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock has a 50 day simple moving average of $27.36 and a two-hundred day simple moving average of $26.73. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72.

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.