Schwab US Dividend Equity ETF $SCHD Stock Position Decreased by Principle Wealth Partners LLC

Principle Wealth Partners LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 648,597 shares of the company’s stock after selling 70,579 shares during the quarter. Schwab US Dividend Equity ETF accounts for 1.0% of Principle Wealth Partners LLC’s portfolio, making the stock its 20th largest holding. Principle Wealth Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $17,791,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. Colorado Capital Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock worth $1,060,000 after acquiring an additional 362 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 5.6% during the 3rd quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after acquiring an additional 383 shares in the last quarter. International Private Wealth Advisors LLC boosted its position 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 buying an additional 397 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after buying an additional 402 shares in the last quarter. Finally, Archer Investment Corp grew its holdings in shares of Schwab US Dividend Equity ETF by 5.0% during the fourth quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after buying an additional 404 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.8%

Shares of SCHD stock opened at $32.83 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.69 and a 1-year high of $32.88. The company has a market capitalization of $93.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s fifty day simple moving average is $31.13 and its 200-day simple moving average is $29.65.

About Schwab US Dividend Equity ETF

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.