Cornell Pochily Investment Advisors Inc. Trims Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cornell Pochily Investment Advisors Inc. cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,716 shares of the company’s stock after selling 453 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $816,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 104,751.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock worth $3,977,523,000 after purchasing an additional 52,604,309 shares during the period. LPL Financial LLC grew its position in Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after buying an additional 503,970 shares during the period. Charles Schwab Investment Advisory Inc. raised its stake in Schwab US Dividend Equity ETF by 3.7% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 8,927,261 shares of the company’s stock valued at $704,272,000 after purchasing an additional 319,294 shares in the last quarter. Morgan Stanley boosted its holdings in Schwab US Dividend Equity ETF by 13.3% in the fourth quarter. Morgan Stanley now owns 7,736,874 shares of the company’s stock valued at $584,444,000 after acquiring an additional 911,053 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after buying an additional 266,516 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.4 %

SCHD traded up $0.33 during trading on Thursday, hitting $80.56. The company’s stock had a trading volume of 1,100,948 shares, compared to its average volume of 3,639,060. The firm has a market capitalization of $53.02 billion, a price-to-earnings ratio of 14.38 and a beta of 0.88. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.65. The business’s fifty day simple moving average is $77.72 and its 200 day simple moving average is $74.22.

About Schwab US Dividend Equity ETF

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.