Pacific Capital Wealth Advisors Inc. Has $4.40 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pacific Capital Wealth Advisors Inc. lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,730 shares of the company’s stock after selling 139 shares during the period. Schwab US Dividend Equity ETF makes up 1.1% of Pacific Capital Wealth Advisors Inc.’s portfolio, making the stock its 18th biggest position. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,395,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares in the last quarter. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after purchasing an additional 45,013 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after purchasing an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after purchasing an additional 145,168 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Schwab US Dividend Equity ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after purchasing an additional 95,086 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.3 %

NYSEARCA:SCHD traded up $0.26 on Wednesday, reaching $78.51. The stock had a trading volume of 2,050,818 shares, compared to its average volume of 3,545,943. The company has a market capitalization of $54.92 billion, a P/E ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The stock has a fifty day moving average price of $78.35 and a 200-day moving average price of $75.63.

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.