Redhawk Wealth Advisors Inc. Sells 310,319 Shares of Schwab US Dividend Equity ETF $SCHD

Redhawk Wealth Advisors Inc. decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 325,850 shares of the company’s stock after selling 310,319 shares during the period. Schwab US Dividend Equity ETF comprises about 1.0% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 27th largest position. Redhawk Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SCHD. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter worth $25,000. Byrne Asset Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $26,000. Field & Main Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $34.19 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $34.24. The stock has a market cap of $106.22 billion, a PE ratio of 14.57 and a beta of 0.67. The firm’s 50-day simple moving average is $32.66 and its 200 day simple moving average is $31.66.

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.