Executive Wealth Management LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,233 shares of the company’s stock after selling 311 shares during the period. Executive Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Manchester Financial Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $25,000. Capital Directions Investment Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth about $26,000. Rehmann Capital Advisory Group acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth about $30,000. Financial Management Professionals Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 482.5% during the second quarter. Financial Management Professionals Inc. now owns 600 shares of the company’s stock worth $32,000 after buying an additional 497 shares during the period. Finally, Horan Securities Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $37,000.

NYSEARCA SCHD traded up $0.26 during trading hours on Thursday, hitting $51.39. 8,414 shares of the stock were exchanged, compared to its average volume of 884,353. Schwab US Dividend Equity ETF has a 12-month low of $44.03 and a 12-month high of $55.12. The stock has a 50-day moving average of $53.47.

Read More: Exchange-Traded Funds (ETFs)

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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