Valmark Advisers Inc. Has $76.09 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Valmark Advisers Inc. decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,721,229 shares of the company’s stock after selling 226,119 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.1% of Valmark Advisers Inc.’s holdings, making the stock its 20th largest holding. Valmark Advisers Inc.’s holdings in Schwab US Dividend Equity ETF were worth $76,086,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SCHD. Clear Point Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 1.4% in the 1st quarter. Clear Point Advisors Inc. now owns 30,008 shares of the company’s stock valued at $839,000 after buying an additional 404 shares during the last quarter. May Barnhard Investments LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 1.6% in the 1st quarter. May Barnhard Investments LLC now owns 28,324 shares of the company’s stock valued at $792,000 after acquiring an additional 447 shares in the last quarter. Sunflower Bank N.A. increased its position in shares of Schwab US Dividend Equity ETF by 3.3% in the first quarter. Sunflower Bank N.A. now owns 14,076 shares of the company’s stock valued at $394,000 after acquiring an additional 450 shares during the last quarter. Ridgecrest Wealth Partners LLC raised its holdings in Schwab US Dividend Equity ETF by 2.0% during the first quarter. Ridgecrest Wealth Partners LLC now owns 24,409 shares of the company’s stock worth $682,000 after acquiring an additional 479 shares in the last quarter. Finally, Crewe Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 0.6% during the first quarter. Crewe Advisors LLC now owns 88,935 shares of the company’s stock valued at $2,487,000 after purchasing an additional 494 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2%

NYSEARCA:SCHD opened at $26.70 on Monday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The firm has a market capitalization of $69.42 billion, a price-to-earnings ratio of 14.34 and a beta of 0.80. The stock’s 50 day moving average price is $26.10 and its two-hundred day moving average price is $27.07.

Schwab US Dividend Equity ETF 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.