BKM Wealth Management LLC Sells 37,904 Shares of Schwab US Dividend Equity ETF $SCHD

BKM Wealth Management LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,667 shares of the company’s stock after selling 37,904 shares during the quarter. Schwab US Dividend Equity ETF makes up about 1.0% of BKM Wealth Management LLC’s portfolio, making the stock its 29th largest position. BKM Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,690,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SCHD. Colorado Capital Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the period. International Private Wealth Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 3.3% during the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares during the period. Brown Lisle Cummings Inc. raised its position in shares of Schwab US Dividend Equity ETF by 4.6% in the 1st quarter. Brown Lisle Cummings Inc. now owns 9,135 shares of the company’s stock worth $280,000 after acquiring an additional 400 shares in the last quarter. Archer Investment Corp lifted its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after purchasing an additional 404 shares during the period. Finally, Semus Wealth Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after purchasing an additional 411 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $32.09 on Friday. The stock’s 50-day moving average is $31.96 and its 200 day moving average is $30.56. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The firm has a market cap of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

Schwab US Dividend Equity ETF Company 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.