Precedent Wealth Partners LLC Sells 727 Shares of Schwab US Dividend Equity ETF $SCHD

Precedent Wealth Partners LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,168 shares of the company’s stock after selling 727 shares during the period. Precedent Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $27,000. Kozak & Associates Inc. grew its stake in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the last quarter. Financial Management Professionals Inc. grew its stake in 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 valued at $34,000 after buying an additional 907 shares during the last quarter. Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at about $38,000. Finally, Optimum Investment Advisors grew its stake in Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after buying an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.41 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The firm has a market cap of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88. The firm’s 50-day simple moving average is $27.33 and its 200 day simple moving average is $26.77.

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.