Schwab US Dividend Equity ETF $SCHD is MFA Wealth Services’ 5th Largest Position

MFA Wealth Services reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,249 shares of the company’s stock after selling 25,777 shares during the period. Schwab US Dividend Equity ETF accounts for about 4.1% of MFA Wealth Services’ holdings, making the stock its 5th biggest position. MFA Wealth Services’ holdings in Schwab US Dividend Equity ETF were worth $6,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hofer & Associates. Inc raised its holdings in shares of Schwab US Dividend Equity ETF by 2.0% in the first quarter. Hofer & Associates. Inc now owns 192,392 shares of the company’s stock worth $5,903,000 after acquiring an additional 3,766 shares during the last quarter. Trilogy Capital Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $227,000. Braun Stacey Associates Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter valued at $203,000. Keystone Financial Group Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 1.7% during the first quarter. Keystone Financial Group Inc. now owns 391,577 shares of the company’s stock valued at $12,014,000 after acquiring an additional 6,441 shares during the last quarter. Finally, Lewis Asset Management LLC increased its position in Schwab US Dividend Equity ETF by 5.3% during the 1st quarter. Lewis Asset Management LLC now owns 8,505 shares of the company’s stock worth $261,000 after purchasing an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of SCHD stock opened at $32.09 on Friday. The firm has a 50-day moving average price of $31.96 and a 200 day moving average price of $30.56. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The company has a market capitalization of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67.

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.