Cornerstone Wealth Group LLC Cuts Stake in Schwab US Dividend Equity ETF $SCHD

Cornerstone Wealth Group LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 59.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,205 shares of the company’s stock after selling 26,463 shares during the period. Cornerstone Wealth Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $482,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of SCHD. Opal Wealth Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $27,000. Kozak & Associates Inc. raised its holdings in Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC lifted its position in Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after buying an additional 467 shares in the last quarter. Financial Management Professionals Inc. lifted its position in Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after buying an additional 907 shares in the last quarter. Finally, Cooksen Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock Up 0.9%

Shares of SCHD stock opened at $26.87 on Wednesday. The stock has a market cap of $70.16 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50 day moving average price is $27.36 and its two-hundred day moving average price is $26.72.

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.