MKD Wealth Coaches LLC Cuts Stock Position in Schwab US Dividend Equity ETF $SCHD

MKD Wealth Coaches LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 82.9% in the third quarter, Holdings Channel.com reports. The fund owned 7,261 shares of the company’s stock after selling 35,091 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.2% of MKD Wealth Coaches LLC’s investment portfolio, making the stock its 27th largest position. MKD Wealth Coaches LLC’s holdings in Schwab US Dividend Equity ETF were worth $236,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Dominguez Wealth Management Solutions Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 434.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after buying an additional 170,021 shares during the last quarter. Bangor Savings Bank acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $2,480,000. HB Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF by 8.4% during the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after purchasing an additional 137,402 shares during the period. Cahill Financial Advisors Inc. boosted its position in Schwab US Dividend Equity ETF by 6.2% during the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock worth $12,035,000 after purchasing an additional 22,218 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.5%

NYSEARCA:SCHD opened at $33.15 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31. The firm has a market cap of $110.22 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s 50 day moving average is $34.02 and its 200-day moving average is $32.64.

Schwab US Dividend Equity ETF 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.