Future Financial Wealth Managment LLC Trims Stake in Schwab US Dividend Equity ETF $SCHD

Future Financial Wealth Managment LLC cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 92.2% in the third quarter, Holdings Channel reports. The firm owned 16,693 shares of the company’s stock after selling 196,997 shares during the period. Future Financial Wealth Managment LLC’s holdings in Schwab US Dividend Equity ETF were worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Kozak & Associates Inc. boosted its holdings 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 valued at $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares during the period. Financial Management Professionals Inc. raised its position in 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 purchasing an additional 907 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth $39,000. Finally, Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth $41,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $27.54 on Wednesday. The firm’s fifty day moving average is $27.17 and its two-hundred day moving average is $27.17. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The firm has a market cap of $71.21 billion, a PE ratio of 14.57 and a beta of 0.77.

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.