Schwab US Dividend Equity ETF $SCHD Shares Sold by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 40,814 shares of the company’s stock after selling 8,927 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Schwab US Dividend Equity ETF were worth $1,082,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Kozak & Associates Inc. grew its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd 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 last quarter. PrairieView Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after purchasing an additional 467 shares during the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares during the period. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF during the first quarter worth about $38,000. Finally, Optimum Investment Advisors raised its position in 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 acquiring an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $27.03 on Friday. The stock has a market capitalization of $70.07 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The firm’s 50 day simple moving average is $27.34 and its 200-day simple moving average is $26.74. 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 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.