Future Financial Wealth Managment LLC Has $5.66 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Future Financial Wealth Managment LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,690 shares of the company’s stock after selling 3,639 shares during the quarter. Schwab US Dividend Equity ETF comprises 3.9% of Future Financial Wealth Managment LLC’s portfolio, making the stock its 3rd largest holding. Future Financial Wealth Managment LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,663,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Lederer & Associates Investment Counsel CA grew its stake in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock worth $667,000 after purchasing an additional 375 shares in the last quarter. Cowa LLC grew its position in Schwab US Dividend Equity ETF by 0.3% in the 1st quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after buying an additional 394 shares in the last quarter. Gateway Wealth Partners LLC grew its position in Schwab US Dividend Equity ETF by 3.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after buying an additional 400 shares in the last quarter. Clear Point Advisors Inc. grew its position in Schwab US Dividend Equity ETF by 1.4% in the 1st quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after buying an additional 404 shares in the last quarter. Finally, Mirador Capital Partners LP boosted its holdings in shares of Schwab US Dividend Equity ETF by 2.0% in the second quarter. Mirador Capital Partners LP now owns 20,644 shares of the company’s stock valued at $547,000 after acquiring an additional 404 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.41 on Friday. The firm has a 50 day simple moving average of $27.33 and a 200-day simple moving average of $26.77. The stock has a market capitalization of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

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.