Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Holdings Reduced by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 23.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,898 shares of the company’s stock after selling 13,962 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,607,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Archer Investment Corp lifted its stake in Schwab US Dividend Equity ETF by 21.7% in the second quarter. Archer Investment Corp now owns 723 shares of the company’s stock valued at $56,000 after acquiring an additional 129 shares during the last quarter. Brick & Kyle Associates lifted its stake in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after purchasing an additional 130 shares during the last quarter. PDS Planning Inc boosted its holdings in Schwab US Dividend Equity ETF by 2.2% in the first quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock worth $500,000 after purchasing an additional 132 shares in the last quarter. SOA Wealth Advisors LLC. increased its position in Schwab US Dividend Equity ETF by 1.0% during the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock worth $1,062,000 after buying an additional 133 shares during the last quarter. Finally, Resonant Capital Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 4.2% during the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after buying an additional 135 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $84.54 on Tuesday. The company has a market cap of $59.30 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a 50-day moving average of $82.49 and a 200-day moving average of $79.83. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24.

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.