Schwab US Dividend Equity ETF $SCHD Stock Position Lowered by MBL Wealth LLC

MBL Wealth LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,380 shares of the company’s stock after selling 471 shares during the period. MBL Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $275,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SCHD. Kingstone Capital Partners Texas LLC purchased a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth about $1,031,129,000. Wealthspire Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after purchasing an additional 14,410,724 shares during the period. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.41 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. The firm’s 50 day moving average price is $27.33 and its two-hundred day moving average price is $26.75.

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.