MFA Wealth Advisors LLC Decreases Stock Position in Schwab US Dividend Equity ETF $SCHD

MFA Wealth Advisors LLC decreased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 97.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,226 shares of the company’s stock after selling 1,236,488 shares during the quarter. MFA Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $934,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Kozak & Associates Inc. increased its stake in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the period. Financial Management Professionals Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. PrairieView Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 57.3% during the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth about $39,000. Finally, Independence Bank of Kentucky acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $41,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.63 on Wednesday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84. The stock has a 50-day moving average price of $27.25 and a 200 day moving average price of $27.19. The company has a market capitalization of $71.45 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.