Schwab US Dividend Equity ETF $SCHD is Investor s Fiduciary Advisor Network LLC’s 2nd Largest Position

Investor s Fiduciary Advisor Network LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 397,125 shares of the company’s stock after selling 38,179 shares during the period. Schwab US Dividend Equity ETF accounts for about 4.3% of Investor s Fiduciary Advisor Network LLC’s holdings, making the stock its 2nd biggest position. Investor s Fiduciary Advisor Network LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,592,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tudor Financial Inc. grew its position in shares of Schwab US Dividend Equity ETF by 5,929.3% during the 2nd quarter. Tudor Financial Inc. now owns 264,504 shares of the company’s stock valued at $8,387,000 after acquiring an additional 260,117 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 15.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 400,330 shares of the company’s stock worth $12,694,000 after purchasing an additional 52,223 shares during the last quarter. Prosperitas Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.3% in the 2nd quarter. Prosperitas Financial LLC now owns 364,240 shares of the company’s stock worth $11,550,000 after purchasing an additional 4,834 shares during the period. Montz Harcus Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $336,000. Finally, High Net Worth Advisory Group LLC lifted its stake in Schwab US Dividend Equity ETF by 1.6% in the second quarter. High Net Worth Advisory Group LLC now owns 237,654 shares of the company’s stock valued at $7,536,000 after purchasing an additional 3,842 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of NYSEARCA SCHD opened at $35.08 on Friday. The stock has a fifty day simple moving average of $33.58 and a two-hundred day simple moving average of $32.23. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31. The firm has a market cap of $108.99 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.