Simplicity Wealth LLC Reduces Stock Position in Schwab US Dividend Equity ETF $SCHD

Simplicity Wealth LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,079 shares of the company’s stock after selling 34,105 shares during the quarter. Simplicity Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,997,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Olistico Wealth LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 292.7% during the 2nd quarter. Olistico Wealth LLC now owns 78,996 shares of the company’s stock valued at $2,093,000 after purchasing an additional 58,882 shares in the last quarter. Wealthcare Capital Management LLC raised its stake in Schwab US Dividend Equity ETF by 43.5% in the second quarter. Wealthcare Capital Management LLC now owns 33,892 shares of the company’s stock worth $898,000 after buying an additional 10,282 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Schwab US Dividend Equity ETF by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,479,211 shares of the company’s stock worth $39,199,000 after buying an additional 11,131 shares during the period. Berger Financial Group Inc boosted its position in Schwab US Dividend Equity ETF by 3.3% during the 2nd quarter. Berger Financial Group Inc now owns 3,025,413 shares of the company’s stock valued at $80,173,000 after acquiring an additional 98,063 shares in the last quarter. Finally, Noble Family Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.5% during the 2nd quarter. Noble Family Wealth LLC now owns 1,288,865 shares of the company’s stock worth $34,155,000 after acquiring an additional 18,886 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3%

SCHD opened at $27.41 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market cap of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. The business has a 50 day moving average of $27.33 and a 200-day moving average of $26.75.

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.