WealthPLAN Partners LLC Sells 19,159 Shares of Schwab US Dividend Equity ETF $SCHD

WealthPLAN Partners LLC lessened its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 9.0% in the fourth quarter, HoldingsChannel reports. The firm owned 193,573 shares of the company’s stock after selling 19,159 shares during the period. WealthPLAN Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,310,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Colorado Capital Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the period. International Private Wealth Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.3% in the 4th quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after buying an additional 397 shares during the period. Archer Investment Corp raised its holdings in shares of Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after buying an additional 404 shares during the period. Semus Wealth Partners LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after buying an additional 411 shares during the period. Finally, Joel Isaacson & Co. LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Joel Isaacson & Co. LLC now owns 42,866 shares of the company’s stock valued at $1,176,000 after buying an additional 411 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8%

SCHD stock opened at $32.53 on Friday. The company has a market capitalization of $92.34 billion, a PE ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.16 and a 12-month high of $32.91. The business’s fifty day moving average price is $31.64 and its 200 day moving average price is $30.22.

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.