Benchmark Financial Wealth Advisors LLC Sells 12,247 Shares of Schwab US Dividend Equity ETF $SCHD

Benchmark Financial Wealth Advisors LLC lowered its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 259,351 shares of the company’s stock after selling 12,247 shares during the period. Schwab US Dividend Equity ETF comprises about 2.3% of Benchmark Financial Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Benchmark Financial Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,873,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $1,031,129,000. LPL Financial LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares during the last quarter. Wealthspire Advisors LLC grew its position in Schwab US Dividend Equity ETF by 95.2% during the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares during the period. Avantax Advisory Services Inc. increased its holdings in Schwab US Dividend Equity ETF by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after buying an additional 1,637,300 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Schwab US Dividend Equity ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after acquiring an additional 1,083,206 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $26.75 on Monday. The company’s fifty day simple moving average is $27.27 and its 200-day simple moving average is $26.83. The stock has a market capitalization of $69.25 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72.

Schwab US Dividend Equity ETF 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.