Principia Wealth Advisory LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 23.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,965 shares of the company’s stock after selling 35,921 shares during the quarter. Schwab US Dividend Equity ETF accounts for 0.8% of Principia Wealth Advisory LLC’s portfolio, making the stock its 17th largest position. Principia Wealth Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,742,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 2nd quarter worth $26,000. DiNuzzo Private Wealth Inc. bought a new position in Schwab US Dividend Equity ETF during the second quarter worth about $27,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $29,000. Ashton Thomas Securities LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth about $32,000. Finally, Triumph Capital Management acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth about $33,000.
Schwab US Dividend Equity ETF Stock Performance
Shares of SCHD opened at $34.80 on Monday. The stock has a 50 day simple moving average of $33.63 and a 200 day simple moving average of $32.25. Schwab US Dividend Equity ETF has a 52-week low of $26.32 and a 52-week high of $35.31. The firm has a market capitalization of $108.12 billion, a PE 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.
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