Summit Wealth Partners LLC Has $1.46 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Summit Wealth Partners LLC lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,730 shares of the company’s stock after selling 961 shares during the quarter. Summit Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,456,000 at the end of the most recent reporting period.

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

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $84.48 on Wednesday. The firm has a 50 day moving average price of $82.63 and a 200 day moving average price of $79.91. The stock has a market cap of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74. 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 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.