Accredited Wealth Management LLC Sells 243,824 Shares of Schwab US Dividend Equity ETF $SCHD

Accredited Wealth Management LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 92.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 18,574 shares of the company’s stock after selling 243,824 shares during the quarter. Accredited Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $507,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SCHD. Biltmore Family Office LLC increased its holdings in Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the period. Independence Bank of Kentucky purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $41,000. True Wealth Design LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 42.9% in the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock worth $41,000 after purchasing an additional 450 shares during the period. Total Investment Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter worth $43,000. Finally, Morton Brown Family Wealth LLC raised its position in shares of Schwab US Dividend Equity ETF by 41.2% in the third quarter. Morton Brown Family Wealth LLC now owns 1,635 shares of the company’s stock worth $45,000 after buying an additional 477 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8%

Schwab US Dividend Equity ETF stock opened at $31.77 on Friday. The stock has a market cap of $83.56 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The business has a 50-day simple moving average of $29.60 and a 200 day simple moving average of $28.08. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.88.

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.