Journey Beyond Wealth LLC Cuts Position in Schwab US Dividend Equity ETF $SCHD

Journey Beyond Wealth LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 74.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,893 shares of the company’s stock after selling 143,349 shares during the quarter. Schwab US Dividend Equity ETF comprises about 1.1% of Journey Beyond Wealth LLC’s portfolio, making the stock its 16th biggest position. Journey Beyond Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $1,031,129,000. Wealthspire Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 37.5% in the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock worth $772,840,000 after purchasing an additional 1,637,300 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.41 on Friday. The stock has a market capitalization of $71.87 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The business has a fifty day moving average price of $27.33 and a 200-day moving average price of $26.77.

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.