Sax Wealth Advisors LLC Sells 807 Shares of Schwab US Dividend Equity ETF $SCHD

Sax Wealth Advisors LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,301 shares of the company’s stock after selling 807 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $405,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SCHD. Brighton Jones LLC grew its stake in shares of 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 last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the last quarter. Sanibel Captiva Trust Company Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 34.5% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 30,199 shares of the company’s stock valued at $844,000 after purchasing an additional 7,750 shares during the period. Finally, CX Institutional purchased a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $367,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.00 on Friday. The firm has a market capitalization of $70.55 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The stock has a 50 day moving average price of $27.35 and a 200 day moving average price of $26.75. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72.

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.