Benjamin F. Edwards & Company Inc. Sells 542 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Benjamin F. Edwards & Company Inc. trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,276 shares of the company’s stock after selling 542 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,186,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 23.2% during the 2nd quarter. Brighton Jones LLC now owns 36,574 shares of the company’s stock valued at $2,844,000 after purchasing an additional 6,893 shares during the last quarter. WCG Wealth Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 42.9% during the second quarter. WCG Wealth Advisors LLC now owns 19,353 shares of the company’s stock valued at $1,505,000 after buying an additional 5,813 shares during the period. AllGen Financial Advisors Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 3.7% during the second quarter. AllGen Financial Advisors Inc. now owns 295,954 shares of the company’s stock valued at $23,013,000 after acquiring an additional 10,563 shares in the last quarter. Paces Ferry Wealth Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 8.9% in the second quarter. Paces Ferry Wealth Advisors LLC now owns 112,820 shares of the company’s stock worth $8,773,000 after acquiring an additional 9,184 shares during the period. Finally, Carolinas Wealth Consulting LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.4% in the second quarter. Carolinas Wealth Consulting LLC now owns 299,681 shares of the company’s stock valued at $23,550,000 after acquiring an additional 7,081 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.5 %

Shares of NYSEARCA SCHD opened at $84.48 on Friday. The firm has a fifty day simple moving average of $82.19 and a two-hundred day simple moving average of $79.62. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $85.24. The firm has a market capitalization of $59.26 billion, a PE ratio of 15.04 and a beta of 0.74.

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.