Private Advisor Group LLC Reduces Holdings in Schwab US Dividend Equity ETF $SCHD

Private Advisor Group LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,430,798 shares of the company’s stock after selling 103,190 shares during the quarter. Private Advisor Group LLC owned approximately 0.05% of Schwab US Dividend Equity ETF worth $43,897,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. MeadowBrook Investment Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after acquiring an additional 325 shares during the period. Semus Wealth Partners LLC boosted its position in Schwab US Dividend Equity ETF by 0.7% during the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock worth $1,574,000 after purchasing an additional 347 shares during the period. Colorado Capital Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after purchasing an additional 362 shares in the last quarter. First Pacific Financial increased its stake in shares of Schwab US Dividend Equity ETF by 8.9% in the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock worth $144,000 after purchasing an additional 383 shares in the last quarter. Finally, International Private Wealth Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.3% in the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after purchasing an additional 397 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.7%

NYSEARCA SCHD opened at $32.39 on Friday. The firm has a market cap of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. The company’s 50 day moving average is $32.04 and its 200-day moving average is $30.70. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92.

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.