Money Concepts Capital Corp Has $4.40 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Money Concepts Capital Corp trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 24.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,347 shares of the company’s stock after selling 50,505 shares during the quarter. Money Concepts Capital Corp’s holdings in Schwab US Dividend Equity ETF were worth $4,399,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clear Point Advisors Inc. raised its position in shares of Schwab US Dividend Equity ETF by 1.4% during the first quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after buying an additional 404 shares during the last quarter. Valicenti Advisory Services Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.5% during the 1st quarter. Valicenti Advisory Services Inc. now owns 28,119 shares of the company’s stock worth $786,000 after acquiring an additional 416 shares during the period. May Barnhard Investments LLC grew its stake in shares of Schwab US Dividend Equity ETF by 1.6% in the 1st quarter. May Barnhard Investments LLC now owns 28,324 shares of the company’s stock valued at $792,000 after purchasing an additional 447 shares during the period. Sunflower Bank N.A. raised its holdings in shares of Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. Sunflower Bank N.A. now owns 14,076 shares of the company’s stock worth $394,000 after buying an additional 450 shares in the last quarter. Finally, Ridgecrest Wealth Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 2.0% in the 1st quarter. Ridgecrest Wealth Partners LLC now owns 24,409 shares of the company’s stock valued at $682,000 after buying an additional 479 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $26.39 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The business has a fifty day moving average of $26.19 and a two-hundred day moving average of $27.03. The stock has a market cap of $68.78 billion, a PE ratio of 14.34 and a beta of 0.88.

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.