Sage Financial Group Inc. Sells 1,799 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Sage Financial Group Inc. cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,838 shares of the company’s stock after selling 1,799 shares during the quarter. Sage Financial Group Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,530,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Manchester Financial Inc. bought a new stake in Schwab US Dividend Equity ETF in the 2nd quarter valued at $25,000. Capital Directions Investment Advisors LLC bought a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at $26,000. Rehmann Capital Advisory Group bought a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at $30,000. Spence Asset Management boosted its stake in Schwab US Dividend Equity ETF by 89.7% in the 2nd quarter. Spence Asset Management now owns 776 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the period. Finally, Reilly Financial Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 112.5% in the 2nd quarter. Reilly Financial Advisors LLC now owns 850 shares of the company’s stock valued at $45,000 after purchasing an additional 450 shares during the period.

SCHD traded down $0.28 during trading on Friday, hitting $52.90. The stock had a trading volume of 915,332 shares, compared to its average volume of 875,044. The stock has a 50 day simple moving average of $53.71. Schwab US Dividend Equity ETF has a one year low of $44.03 and a one year high of $55.12.

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

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