Brookstone Capital Management Has $8.39 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brookstone Capital Management decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 104,030 shares of the company’s stock after selling 17,134 shares during the quarter. Brookstone Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $8,388,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. RMR Wealth Builders increased its position in shares of Schwab US Dividend Equity ETF by 6.2% during the 1st quarter. RMR Wealth Builders now owns 4,812 shares of the company’s stock worth $388,000 after purchasing an additional 280 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 25.2% during the 1st quarter. Sunbelt Securities Inc. now owns 109,975 shares of the company’s stock worth $8,867,000 after acquiring an additional 22,125 shares during the period. Ehrlich Financial Group boosted its stake in shares of Schwab US Dividend Equity ETF by 2.5% during the 1st quarter. Ehrlich Financial Group now owns 24,587 shares of the company’s stock worth $1,982,000 after acquiring an additional 591 shares during the period. Sound Income Strategies LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 44.6% during the 1st quarter. Sound Income Strategies LLC now owns 2,149 shares of the company’s stock worth $173,000 after acquiring an additional 663 shares during the period. Finally, First Financial Corp IN boosted its stake in shares of Schwab US Dividend Equity ETF by 2.0% during the 1st quarter. First Financial Corp IN now owns 9,342 shares of the company’s stock worth $753,000 after acquiring an additional 184 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of NYSEARCA SCHD opened at $77.28 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The stock has a 50 day moving average of $78.10 and a 200-day moving average of $77.54. The company has a market capitalization of $54.21 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.