USAdvisors Wealth Management LLC Has $6.07 Million Holdings in Schwab US Dividend Equity ETF $SCHD

USAdvisors Wealth Management LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 222,227 shares of the company’s stock after selling 18,498 shares during the period. Schwab US Dividend Equity ETF comprises about 2.1% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. USAdvisors Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,066,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. eCIO Inc. grew its position in shares of Schwab US Dividend Equity ETF by 11.0% in the 3rd quarter. eCIO Inc. now owns 979,802 shares of the company’s stock valued at $26,749,000 after purchasing an additional 96,848 shares during the period. Blueprint Financial Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $812,000. Blueprint Investment Partners LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $834,000. Focus Partners Advisor Solutions LLC increased its position in shares of Schwab US Dividend Equity ETF by 3.8% during the third quarter. Focus Partners Advisor Solutions LLC now owns 1,329,461 shares of the company’s stock worth $36,169,000 after acquiring an additional 48,719 shares in the last quarter. Finally, BlueStem Wealth Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 10.8% during the third quarter. BlueStem Wealth Partners LLC now owns 99,978 shares of the company’s stock worth $2,729,000 after acquiring an additional 9,736 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.8%

Shares of NYSEARCA SCHD opened at $31.59 on Wednesday. The company has a fifty day moving average price of $29.76 and a 200 day moving average price of $28.16. The firm has a market cap of $83.09 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95.

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.