Schwab US Dividend Equity ETF $SCHD Shares Sold by Tull Financial Group Inc.

Tull Financial Group Inc. lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 59.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,313 shares of the company’s stock after selling 155,709 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.3% of Tull Financial Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Tull Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,870,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MOKAN Wealth Management Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after buying an additional 6,985 shares in the last quarter. Advisory Resource Group grew its holdings in Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after acquiring an additional 2,520 shares during the period. Welch Group LLC raised its position in Schwab US Dividend Equity ETF by 44.7% in the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after acquiring an additional 3,624 shares in the last quarter. Elevate Wealth Advisory Inc. lifted its holdings in Schwab US Dividend Equity ETF by 7.4% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after acquiring an additional 3,915 shares during the last quarter. Finally, AE Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 13.2% during the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after purchasing an additional 37,403 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $27.68 on Friday. The firm’s 50 day moving average is $27.09 and its 200-day moving average is $27.10. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84. The stock has a market capitalization of $71.58 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.