Valley National Advisers Inc. Has $10.12 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Valley National Advisers Inc. cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 370,585 shares of the company’s stock after selling 27,417 shares during the quarter. Schwab US Dividend Equity ETF accounts for 1.6% of Valley National Advisers Inc.’s investment portfolio, making the stock its 12th largest holding. Valley National Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,116,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SCHD. Lederer & Associates Investment Counsel CA increased its stake in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after acquiring an additional 375 shares in the last quarter. Madden Advisory Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 0.3% in the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares during the period. Harbor Group Inc. grew its holdings in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after purchasing an additional 383 shares during the period. Bellevue Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 1.2% in the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after purchasing an additional 389 shares in the last quarter. Finally, Narwhal Capital Management raised its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the second quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock valued at $967,000 after purchasing an additional 400 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.64 on Friday. The company’s 50-day moving average is $27.23 and its 200-day moving average is $27.18. The stock has a market capitalization of $71.47 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84.

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.