Perissos Private Wealth Management LLC Sells 2,473 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Perissos Private Wealth Management LLC decreased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 24.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,731 shares of the company’s stock after selling 2,473 shares during the period. Perissos Private Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $601,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Central Pacific Bank Trust Division bought a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. bought a new stake in Schwab US Dividend Equity ETF in the first quarter worth $26,000. Iron Horse Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $26,000. Finally, PFG Private Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $27,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $83.36 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $84.57. The stock’s 50 day simple moving average is $81.56 and its 200 day simple moving average is $79.42. The firm has a market cap of $58.48 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.