Alliance Wealth Management Group reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,112 shares of the company’s stock after selling 3,007 shares during the period. Schwab US Dividend Equity ETF accounts for 3.4% of Alliance Wealth Management Group’s portfolio, making the stock its 12th biggest holding. Alliance Wealth Management Group owned 0.07% of Schwab US Dividend Equity ETF worth $6,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of SCHD. Signature Financial Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 10.0% in the 2nd quarter. Signature Financial Management Inc. now owns 194,096 shares of the company’s stock worth $9,570,000 after purchasing an additional 17,690 shares in the last quarter. Wills Financial Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 6.7% in the 2nd quarter. Wills Financial Group Inc. now owns 20,235 shares of the company’s stock worth $997,000 after purchasing an additional 1,262 shares in the last quarter. Strategic Wealth Advisors Group LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $742,000. WealthPLAN Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 11.0% in the 2nd quarter. WealthPLAN Partners LLC now owns 89,110 shares of the company’s stock worth $4,392,000 after purchasing an additional 8,854 shares in the last quarter. Finally, Asset Dedication LLC lifted its holdings in Schwab US Dividend Equity ETF by 97.4% in the 2nd quarter. Asset Dedication LLC now owns 36,323 shares of the company’s stock worth $1,789,000 after purchasing an additional 17,926 shares in the last quarter.

NYSEARCA SCHD opened at $50.42 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $47.08 and a 12 month high of $54.60.

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See Also: Ex-Dividend

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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