Global Assets Advisory LLC Lowers Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Global Assets Advisory LLC cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,367 shares of the company’s stock after selling 1,943 shares during the quarter. Global Assets Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $280,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth $27,000. Kozak & Associates Inc. grew its position in Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the period. Financial Management Professionals Inc. grew its position in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the period. Cooksen Wealth LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at about $38,000. Finally, Optimum Investment Advisors lifted its position in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.34 on Tuesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The stock has a market cap of $71.64 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock’s 50 day simple moving average is $27.33 and its 200 day simple moving average 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.