TRUE Private Wealth Advisors Sells 9,158 Shares of Schwab US Dividend Equity ETF $SCHD

TRUE Private Wealth Advisors lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.1% during the 2nd quarter, Holdings Channel reports. The fund owned 432,675 shares of the company’s stock after selling 9,158 shares during the period. Schwab US Dividend Equity ETF makes up 1.3% of TRUE Private Wealth Advisors’ portfolio, making the stock its 20th largest holding. TRUE Private Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $11,466,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kozak & Associates Inc. grew its position in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after purchasing an additional 938 shares during the period. PrairieView Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $39,000. Finally, Keystone Global Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $56,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.16 on Wednesday. The stock has a market cap of $70.23 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50-day simple moving average is $27.07 and its 200 day simple moving average is $26.94.

Schwab US Dividend Equity ETF Company 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.