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

Principle Wealth Partners LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.8% during the fourth quarter, HoldingsChannel.com reports. 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 makes up 1.0% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 20th largest position. 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 and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SCHD. Brighton Jones LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Schwab US Dividend Equity ETF by 35.6% during the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank boosted its position in Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.8%

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