DKM Wealth Management Inc. Has $399,000 Holdings in Schwab US Dividend Equity ETF $SCHD

DKM Wealth Management Inc. lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,060 shares of the company’s stock after selling 2,443 shares during the quarter. DKM Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $399,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $27,000. Kozak & Associates Inc. raised 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 valued at $31,000 after purchasing an additional 938 shares in the last quarter. Financial Management Professionals Inc. raised 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 valued at $34,000 after purchasing an additional 907 shares in the last quarter. Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $38,000. Finally, Optimum Investment Advisors raised its holdings 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 worth $39,000 after buying an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.16 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market capitalization of $70.84 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock has a fifty day moving average of $27.32 and a 200-day moving average of $26.79.

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.