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

Principia Wealth Advisory LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 48.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 44,402 shares of the company’s stock after selling 41,921 shares during the quarter. Schwab US Dividend Equity ETF makes up about 0.3% of Principia Wealth Advisory LLC’s holdings, making the stock its 27th largest holding. 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.

Other hedge funds have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. raised its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th 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 during the last quarter. Merrithew & Thorsten Inc purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Triumph Capital Management purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $33,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of SCHD opened at $32.63 on Friday. The firm has a market cap of $92.63 billion, a PE ratio of 14.57 and a beta of 0.68. The firm has a fifty day simple moving average of $31.27 and a two-hundred day simple moving average of $29.85. Schwab US Dividend Equity ETF has a 1-year low of $25.89 and a 1-year high of $32.91.

Schwab US Dividend Equity ETF Company 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.