Arkadios Wealth Advisors Has $1.68 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Arkadios Wealth Advisors lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 78.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,659 shares of the company’s stock after selling 77,612 shares during the period. Arkadios Wealth Advisors’ holdings in Schwab US Dividend Equity ETF were worth $1,684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SCHD. Liberty Capital Management Inc. increased its position in Schwab US Dividend Equity ETF by 2.9% during the second quarter. Liberty Capital Management Inc. now owns 24,468 shares of the company’s stock worth $1,903,000 after acquiring an additional 685 shares during the period. Strategic Blueprint LLC raised its position in shares of Schwab US Dividend Equity ETF by 17.0% in the second quarter. Strategic Blueprint LLC now owns 156,289 shares of the company’s stock valued at $12,153,000 after buying an additional 22,719 shares in the last quarter. Rockwood Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $235,000. Whitaker Myers Wealth Managers LTD. grew its position in Schwab US Dividend Equity ETF by 1.1% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 230,405 shares of the company’s stock worth $17,916,000 after buying an additional 2,487 shares in the last quarter. Finally, BLB&B Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 2.5% during the 2nd quarter. BLB&B Advisors LLC now owns 35,306 shares of the company’s stock worth $2,745,000 after acquiring an additional 849 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.4 %

Shares of NYSEARCA:SCHD traded up $0.36 during trading on Thursday, reaching $83.86. 2,378,606 shares of the company traded hands, compared to its average volume of 3,216,984. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $84.26. The firm has a market capitalization of $58.83 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s 50 day moving average is $80.23 and its two-hundred day moving average is $78.89.

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.