Financial Guidance Group Inc. Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

Financial Guidance Group Inc. trimmed its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 513,522 shares of the company’s stock after selling 18,219 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 6.3% of Financial Guidance Group Inc.’s investment portfolio, making the stock its 2nd biggest position. Financial Guidance Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $14,019,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SCHD. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $1,127,144,000. Osaic Holdings Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 12.1% during the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after acquiring an additional 1,217,005 shares during the period. DDD Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 3,673.0% in the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after purchasing an additional 1,164,306 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after purchasing an additional 1,083,206 shares during the period. Finally, Cerity Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $31.47 on Friday. The firm has a market cap of $82.77 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The stock’s fifty day moving average price is $28.42 and its two-hundred day moving average price is $27.61. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.49.

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.