Avantax Planning Partners Inc. Sells 6,398 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Avantax Planning Partners Inc. cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHDGet Rating) by 0.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,982,879 shares of the company’s stock after selling 6,398 shares during the period. Schwab US Dividend Equity ETF accounts for about 9.3% of Avantax Planning Partners Inc.’s portfolio, making the stock its 3rd largest holding. Avantax Planning Partners Inc. owned approximately 0.66% of Schwab US Dividend Equity ETF worth $235,319,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SCHD. Envestnet Asset Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 25.6% in the first quarter. Envestnet Asset Management Inc. now owns 4,145,793 shares of the company’s stock valued at $327,062,000 after acquiring an additional 844,052 shares during the last quarter. LPL Financial LLC raised its position in Schwab US Dividend Equity ETF by 15.8% in the fourth quarter. LPL Financial LLC now owns 4,773,712 shares of the company’s stock valued at $385,859,000 after purchasing an additional 651,343 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Schwab US Dividend Equity ETF by 22.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,520,039 shares of the company’s stock valued at $284,525,000 after purchasing an additional 642,760 shares during the period. Qube Research & Technologies Ltd raised its position in Schwab US Dividend Equity ETF by 1,289.7% in the fourth quarter. Qube Research & Technologies Ltd now owns 476,915 shares of the company’s stock valued at $38,549,000 after purchasing an additional 442,597 shares during the period. Finally, Advisor Group Holdings Inc. raised its position in Schwab US Dividend Equity ETF by 16.1% in the first quarter. Advisor Group Holdings Inc. now owns 2,917,027 shares of the company’s stock valued at $205,504,000 after purchasing an additional 404,883 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.3 %

NYSEARCA SCHD traded up $0.21 on Friday, reaching $74.61. The stock had a trading volume of 2,045,025 shares, compared to its average volume of 3,300,490. Schwab US Dividend Equity ETF has a 12-month low of $69.86 and a 12-month high of $82.47. The stock has a fifty day moving average price of $73.44 and a two-hundred day moving average price of $76.25.

Featured Articles

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

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.