Nadler Financial Group Inc. Cuts Stake in Schwab US Dividend Equity ETF $SCHD

Nadler Financial Group Inc. reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917,146 shares of the company’s stock after selling 119,395 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 2.4% of Nadler Financial Group Inc.’s investment portfolio, making the stock its 16th largest holding. Nadler Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $25,038,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. Brighton Jones LLC increased its holdings in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its position in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares in the last quarter. Bison Wealth LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its position in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $29.17 on Friday. The company has a market cap of $76.50 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average is $27.79 and its 200 day moving average is $27.39. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.26.

Schwab US Dividend Equity ETF 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.