B. Riley Wealth Advisors Inc. Decreases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

B. Riley Wealth Advisors Inc. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,798 shares of the company’s stock after selling 1,100 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,781,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Brass Tax Wealth Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 13.2% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 31,096 shares of the company’s stock worth $2,629,000 after purchasing an additional 3,621 shares in the last quarter. Copley Financial Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $283,000. Peapack Gladstone Financial Corp grew its stake in Schwab US Dividend Equity ETF by 18.3% during the third quarter. Peapack Gladstone Financial Corp now owns 25,974 shares of the company’s stock valued at $2,195,000 after acquiring an additional 4,015 shares in the last quarter. Synovus Financial Corp increased its holdings in Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock worth $3,594,000 after acquiring an additional 25,380 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $163,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.32 on Thursday. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The company has a fifty day moving average price of $28.42 and a 200-day moving average price of $27.70. The firm has a market capitalization of $19.16 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.