Legacy Financial Advisors Inc. Sells 326 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Legacy Financial Advisors Inc. decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,086 shares of the company’s stock after selling 326 shares during the quarter. Legacy Financial Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $395,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Traynor Capital Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock worth $495,000 after buying an additional 2,142 shares during the period. Concurrent Investment Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 332.8% during the first quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock valued at $1,532,000 after purchasing an additional 14,614 shares in the last quarter. Tidal Investments LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter valued at about $310,000. O Shaughnessy Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 576.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock valued at $956,000 after buying an additional 10,106 shares during the last quarter. Finally, Commerce Bank boosted its holdings in shares of Schwab US Dividend Equity ETF by 34.8% in the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after buying an additional 9,636 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of Schwab US Dividend Equity ETF stock opened at $84.48 on Friday. The company has a market cap of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average price is $82.19 and its 200-day moving average price is $79.63. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24.

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.