AdvisorNet Financial Inc Sells 32,366 Shares of Schwab US Dividend Equity ETF $SCHD

AdvisorNet Financial Inc lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 954,662 shares of the company’s stock after selling 32,366 shares during the period. Schwab US Dividend Equity ETF accounts for 1.5% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 11th biggest holding. AdvisorNet Financial Inc’s holdings in Schwab US Dividend Equity ETF were worth $26,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kozak & Associates Inc. boosted its position in Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares during the period. Financial Management Professionals Inc. raised its position in shares of Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares during the period. PrairieView Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd 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. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at approximately $39,000. Finally, Total Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $43,000.

Schwab US Dividend Equity ETF Trading Down 0.1%

Schwab US Dividend Equity ETF stock opened at $27.46 on Friday. The firm has a 50 day simple moving average of $27.14 and a 200 day simple moving average of $27.14. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84. The firm has a market capitalization of $71.01 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.