Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Cut by Reliant Wealth Planning

Reliant Wealth Planning cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 393,996 shares of the company’s stock after selling 11,417 shares during the quarter. Schwab US Dividend Equity ETF comprises 17.3% of Reliant Wealth Planning’s investment portfolio, making the stock its 3rd biggest position. Reliant Wealth Planning owned about 0.06% of Schwab US Dividend Equity ETF worth $28,612,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Tradewinds Capital Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $26,000. O Shaughnessy Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 115.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after buying an additional 189 shares in the last quarter. Sage Mountain Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF by 75.9% during the 1st quarter. Sage Mountain Advisors LLC now owns 475 shares of the company’s stock valued at $35,000 after buying an additional 205 shares in the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $38,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $56,000.

Schwab US Dividend Equity ETF Trading Down 0.3 %

Shares of Schwab US Dividend Equity ETF stock traded down $0.21 on Friday, hitting $74.13. 555,750 shares of the company traded hands, compared to its average volume of 3,126,167. The company has a market cap of $48.79 billion, a P/E ratio of 14.38 and a beta of 0.88. The firm’s 50-day simple moving average is $74.08 and its 200 day simple moving average is $72.70. Schwab US Dividend Equity ETF has a 12-month low of $65.96 and a 12-month high of $79.49.

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.