JT Stratford LLC Sells 19,847 Shares of Schwab US Dividend Equity ETF $SCHD

JT Stratford LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 283,324 shares of the company’s stock after selling 19,847 shares during the period. Schwab US Dividend Equity ETF comprises approximately 1.1% of JT Stratford LLC’s portfolio, making the stock its 18th largest position. JT Stratford LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,508,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. MOKAN Wealth Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 4.9% in the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after buying an additional 6,985 shares during the period. Advisory Resource Group grew its position in Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after acquiring an additional 2,520 shares during the last quarter. Elevate Wealth Advisory Inc. increased its stake in Schwab US Dividend Equity ETF by 7.4% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after purchasing an additional 3,915 shares during the period. AE Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 13.2% in the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after purchasing an additional 37,403 shares during the period. Finally, Muirfield Wealth Advisors LLC lifted its position in Schwab US Dividend Equity ETF by 19.4% in the second quarter. Muirfield Wealth Advisors LLC now owns 98,573 shares of the company’s stock valued at $2,612,000 after purchasing an additional 15,988 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.40 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.40. The company’s 50 day moving average price is $27.02 and its 200-day moving average price is $27.02. The stock has a market capitalization of $70.85 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.