Pittenger & Anderson Inc. Sells 9,494 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Pittenger & Anderson Inc. trimmed its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 134,084 shares of the company’s stock after selling 9,494 shares during the period. Pittenger & Anderson Inc.’s holdings in Schwab US Dividend Equity ETF were worth $10,208,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sumitomo Life Insurance Co. bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $228,390,000. International Assets Investment Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $89,561,000. LPL Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares during the last quarter. DDD Partners LLC raised its position in shares of Schwab US Dividend Equity ETF by 12,161.9% during the 4th quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the period. Finally, HighTower Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 34.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after acquiring an additional 476,951 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD traded up $0.09 on Friday, reaching $77.65. The company’s stock had a trading volume of 1,826,252 shares, compared to its average volume of 3,615,178. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $80.82. The company has a market cap of $54.32 billion, a P/E ratio of 14.82 and a beta of 0.77. The company has a 50-day simple moving average of $78.30 and a 200 day simple moving average of $75.15.

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.