Schwab US Dividend Equity ETF $SCHD is Financial Insights Inc.’s 2nd Largest Position

Financial Insights Inc. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 908,983 shares of the company’s stock after selling 15,360 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 8.8% of Financial Insights Inc.’s investment portfolio, making the stock its 2nd largest position. Financial Insights Inc.’s holdings in Schwab US Dividend Equity ETF were worth $24,088,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in SCHD. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $27,000. Kozak & Associates Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 476.1% during the second 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. Financial Management Professionals Inc. boosted its stake 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 purchasing an additional 907 shares during the period. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $38,000. Finally, Optimum Investment Advisors boosted its stake in shares of Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after purchasing an additional 505 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.41 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The company has a 50-day moving average of $27.33 and a 200 day moving average of $26.76. The firm has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88.

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.