Accredited Wealth Management LLC Sells 243,824 Shares of Schwab US Dividend Equity ETF $SCHD

Accredited Wealth Management LLC trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 92.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,574 shares of the company’s stock after selling 243,824 shares during the quarter. Accredited Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $507,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SCHD. Ellis Investment Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after purchasing an additional 375 shares during the period. Harbor Group Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after buying an additional 383 shares during the period. Westside Investment Management Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after buying an additional 383 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 3.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares during the last quarter. Finally, Harbor Investment Advisory LLC grew its stake in shares of Schwab US Dividend Equity ETF by 2.9% during the 3rd quarter. Harbor Investment Advisory LLC now owns 14,432 shares of the company’s stock worth $394,000 after acquiring an additional 410 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.77 on Friday. The stock has a market capitalization of $83.56 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.88. The stock’s 50-day simple moving average is $29.60 and its 200 day simple moving average is $28.08.

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.