Schwab US Dividend Equity ETF $SCHD Holdings Reduced by MOKAN Wealth Management Inc.

MOKAN Wealth Management Inc. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 13.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,140 shares of the company’s stock after selling 19,157 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.5% of MOKAN Wealth Management Inc.’s investment portfolio, making the stock its 22nd biggest holding. MOKAN Wealth Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,295,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. Biltmore Family Office LLC increased its position in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after acquiring an additional 524 shares during the period. Triumph Capital Management acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth $35,000. Reyes Financial Architecture Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at $36,000.

Schwab US Dividend Equity ETF Stock Down 0.1%

Shares of NYSEARCA SCHD opened at $30.71 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $24.76 and a fifty-two week high of $31.95. The firm’s 50-day simple moving average is $31.05 and its 200 day simple moving average is $28.84. The stock has a market cap of $85.88 billion, a P/E ratio of 14.57 and a beta of 0.70.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

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