Ameriflex Group Inc. Has $714,000 Position in Schwab US Dividend Equity ETF $SCHD

Ameriflex Group Inc. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 66.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,137 shares of the company’s stock after selling 50,714 shares during the quarter. Ameriflex Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $714,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHD. Biltmore Family Office LLC raised its holdings in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Reyes Financial Architecture Inc. raised its stake in Schwab US Dividend Equity ETF by 1,903.1% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after buying an additional 1,237 shares during the period. Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth $41,000. True Wealth Design LLC grew its stake in Schwab US Dividend Equity ETF by 42.9% in the third quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after acquiring an additional 450 shares during the period. Finally, Total Investment Management Inc. acquired a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $43,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $31.13 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95. The firm has a market cap of $81.88 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average is $29.98 and its 200-day moving average is $28.23.

About Schwab US Dividend Equity ETF

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.