Schwab US Dividend Equity ETF $SCHD Stock Holdings Lessened by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 50.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,159 shares of the company’s stock after selling 18,339 shares during the quarter. Pinion Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $481,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SCHD. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $27,000. Kozak & Associates Inc. increased its position in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares in the last quarter. Financial Management Professionals Inc. increased its position 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 worth $34,000 after acquiring an additional 907 shares in the last quarter. Cooksen Wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $38,000. Finally, Optimum Investment Advisors grew 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 purchasing an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.00 on Friday. The company’s 50 day moving average price is $27.35 and its 200 day moving average price is $26.75. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The company has a market capitalization of $70.55 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.