Planning Directions Inc. Sells 1,673 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Planning Directions Inc. cut its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,955 shares of the company’s stock after selling 1,673 shares during the period. Schwab US Dividend Equity ETF comprises about 3.3% of Planning Directions Inc.’s portfolio, making the stock its 8th largest position. Planning Directions Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,588,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Private Ocean LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $42,000. UBS Asset Management Americas Inc. increased its stake in Schwab US Dividend Equity ETF by 39.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 781 shares of the company’s stock valued at $41,000 after buying an additional 222 shares during the last quarter. Liberty Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $43,000. HM Payson & Co. acquired a new stake in Schwab US Dividend Equity ETF in the 2nd quarter valued at $48,000. Finally, Rehmann Capital Advisory Group increased its stake in Schwab US Dividend Equity ETF by 59.4% in the 2nd quarter. Rehmann Capital Advisory Group now owns 918 shares of the company’s stock valued at $49,000 after buying an additional 342 shares during the last quarter.

SCHD stock traded up $0.03 during midday trading on Tuesday, hitting $58.45. The company’s stock had a trading volume of 2,126 shares, compared to its average volume of 1,030,499. Schwab US Dividend Equity ETF has a twelve month low of $47.86 and a twelve month high of $58.42. The company’s fifty day moving average price is $57.59 and its 200 day moving average price is $55.12.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Friday, December 13th were paid a $0.4658 dividend. This is a positive change from Schwab US Dividend Equity ETF’s previous quarterly dividend of $0.35. This represents a $1.86 annualized dividend and a yield of 3.19%. The ex-dividend date was Thursday, December 12th.

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Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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