Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Trimmed by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 64,186 shares of the company’s stock after selling 1,857 shares during the period. SRS Capital Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,991,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Traynor Capital Management Inc. increased its position in Schwab US Dividend Equity ETF by 53.6% in the 1st quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after acquiring an additional 2,142 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 332.8% in the first quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock worth $1,532,000 after purchasing an additional 14,614 shares during the period. Tidal Investments LLC bought a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at about $310,000. Apexium Financial LP increased its stake in Schwab US Dividend Equity ETF by 27.0% during the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock valued at $21,856,000 after buying an additional 60,972 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its stake in Schwab US Dividend Equity ETF by 576.5% during the 1st 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 period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD traded down $0.71 during trading on Friday, reaching $82.00. The company had a trading volume of 3,280,409 shares, compared to its average volume of 3,212,953. The firm’s fifty day moving average is $81.00 and its 200 day moving average is $79.21. The firm has a market capitalization of $57.52 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $84.57.

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.