Flagship Wealth Advisors LLC Reduces Holdings in Schwab US Dividend Equity ETF $SCHD

Flagship Wealth Advisors LLC reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 43.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,575 shares of the company’s stock after selling 167,343 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.9% of Flagship Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. Flagship Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Ellis Investment Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after acquiring an additional 375 shares in the last quarter. Madden Advisory Services Inc. increased its position in Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after purchasing an additional 383 shares in the last quarter. Harbor Group Inc. raised its stake in Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after purchasing an additional 383 shares during the last quarter. Bellevue Asset Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after purchasing an additional 389 shares in the last quarter. Finally, Narwhal Capital Management lifted its holdings in Schwab US Dividend Equity ETF by 1.1% in the 2nd quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock valued at $967,000 after purchasing an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $29.17 on Friday. The firm has a market cap of $76.50 billion, a PE ratio of 14.57 and a beta of 0.77. The firm has a 50 day simple moving average of $27.79 and a 200-day simple moving average of $27.39. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.26.

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.