GWN Securities Inc. Sells 27,619 Shares of Schwab US Dividend Equity ETF $SCHD

GWN Securities Inc. decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,287 shares of the company’s stock after selling 27,619 shares during the quarter. GWN Securities Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,456,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. MOKAN Wealth Management Inc. increased its position in Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares during the period. Advisory Resource Group increased its holdings in Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after buying an additional 2,520 shares during the period. DMKC Advisory Services LLC increased its holdings in Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after buying an additional 20,989 shares during the period. Welch Group LLC raised its stake in Schwab US Dividend Equity ETF by 44.7% in the second quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after buying an additional 3,624 shares in the last quarter. Finally, AE Wealth Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 13.2% during the second quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock worth $8,509,000 after buying an additional 37,403 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.4%

Shares of NYSEARCA SCHD opened at $28.62 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $28.84. The stock’s fifty day simple moving average is $27.50 and its two-hundred day simple moving average is $27.30. The stock has a market capitalization of $74.85 billion, a PE 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.