PCA Investment Advisory Services Inc. Sells 22,454 Shares of Schwab US Dividend Equity ETF $SCHD

PCA Investment Advisory Services Inc. lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 195,148 shares of the company’s stock after selling 22,454 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.9% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 13th biggest holding. PCA Investment Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $5,353,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mountain Hill Investment Partners Corp. lifted its stake in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares in the last quarter. Merrithew & Thorsten Inc bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $25,000. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $32.37 on Wednesday. Schwab US Dividend Equity ETF has a twelve month low of $26.07 and a twelve month high of $32.91. The firm’s 50 day moving average price is $31.34 and its two-hundred day moving average price is $29.92. The firm has a market cap of $91.89 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.