Integrated Advisors Network LLC Sells 157,211 Shares of Schwab US Dividend Equity ETF $SCHD

Integrated Advisors Network LLC decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 644,310 shares of the company’s stock after selling 157,211 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Integrated Advisors Network LLC’s portfolio, making the stock its 14th largest position. Integrated Advisors Network LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,767,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. increased its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $25,000. Field & Main Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $29,000. Finally, Triumph Capital Management acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $33,000.

Schwab US Dividend Equity ETF Trading Up 0.6%

NYSEARCA SCHD opened at $32.43 on Tuesday. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92. The company has a fifty day simple moving average of $32.08 and a two-hundred day simple moving average of $30.77. The stock has a market cap of $97.99 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.