Schwab US Dividend Equity ETF $SCHD Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 12.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,280,742 shares of the company’s stock after selling 177,603 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $33,940,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Kozak & Associates Inc. boosted its holdings 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 worth $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 241.9% in 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 acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $38,000. Finally, Optimum Investment Advisors increased its stake in Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.03 on Friday. The firm has a 50-day moving average of $27.34 and a two-hundred day moving average of $26.74. The stock has a market cap of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

About Schwab US Dividend Equity ETF

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.