Schwab US Dividend Equity ETF $SCHD Shares Sold by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,575 shares of the company’s stock after selling 167,343 shares during the period. Schwab US Dividend Equity ETF makes up 1.9% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position. Flagship Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,885,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. PrairieView Partners LLC raised its position 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 period. Financial Management Professionals Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during 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. Vaughan Nelson Investment Management L.P. acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $39,000. Independence Bank of Kentucky acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $41,000. Finally, True Wealth Design LLC boosted its holdings in Schwab US Dividend Equity ETF by 42.9% in the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after acquiring an additional 450 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.1%

SCHD opened at $29.17 on Friday. The firm’s 50 day moving average is $27.79 and its 200-day moving average is $27.39. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.26. The firm has a market capitalization of $76.50 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.