Schwab US Dividend Equity ETF $SCHD Shares Sold by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 11.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 262,479 shares of the company’s stock after selling 35,588 shares during the quarter. Schwab US Dividend Equity ETF comprises about 2.3% of Investment Advisory Services Inc. TX ADV’s holdings, making the stock its 9th largest position. Investment Advisory Services Inc. TX ADV’s holdings in Schwab US Dividend Equity ETF were worth $7,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Vicus Capital increased its position in Schwab US Dividend Equity ETF by 12.7% during the 4th quarter. Vicus Capital now owns 11,258 shares of the company’s stock worth $309,000 after purchasing an additional 1,268 shares in the last quarter. Maseco LLP acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $44,000. Centennial Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $2,155,000. Beacon Financial Planning Inc. increased its position in Schwab US Dividend Equity ETF by 2.6% during the 4th quarter. Beacon Financial Planning Inc. now owns 213,475 shares of the company’s stock worth $5,856,000 after purchasing an additional 5,441 shares in the last quarter. Finally, Squire Investment Management Company LLC increased its position in Schwab US Dividend Equity ETF by 14.5% during the 4th quarter. Squire Investment Management Company LLC now owns 42,872 shares of the company’s stock worth $1,176,000 after purchasing an additional 5,432 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $30.94 on Friday. The firm has a 50 day moving average price of $31.01 and a 200 day moving average price of $28.74. The company has a market cap of $85.67 billion, a PE ratio of 14.57 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.31 and a 1 year high of $31.95.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Read More

• Five stocks we like better than Schwab US Dividend Equity ETF

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).