Principia Wealth Advisory LLC Decreases Stock Position in Schwab US Dividend Equity ETF $SCHD

Principia Wealth Advisory LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,402 shares of the company’s stock after selling 41,921 shares during the period. Schwab US Dividend Equity ETF comprises approximately 0.3% of Principia Wealth Advisory LLC’s holdings, making the stock its 27th largest position. Principia Wealth Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,218,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. raised its holdings in Schwab US Dividend Equity ETF by 3.8% in the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after acquiring an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after acquiring an additional 3,170,728 shares during the last quarter. MML Investors Services LLC raised its holdings in Schwab US Dividend Equity ETF by 3.2% in the 2nd quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock worth $160,554,000 after acquiring an additional 185,649 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 0.6% in the 3rd quarter. HighTower Advisors LLC now owns 5,684,538 shares of the company’s stock worth $155,188,000 after acquiring an additional 33,472 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.2%

Shares of NYSEARCA SCHD opened at $32.63 on Friday. The firm has a market cap of $92.63 billion, a P/E ratio of 14.57 and a beta of 0.68. The company has a 50 day moving average of $31.27 and a 200 day moving average of $29.85. Schwab US Dividend Equity ETF has a twelve month low of $25.89 and a twelve month high of $32.91.

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.