Physician Wealth Advisors Inc. Sells 138 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Physician Wealth Advisors Inc. reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,041 shares of the company’s stock after selling 138 shares during the period. Physician Wealth Advisors Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,888,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Advisory Inc. increased its position in Schwab US Dividend Equity ETF by 0.5% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock worth $737,004,000 after buying an additional 45,013 shares during the period. JPMorgan Chase & Co. increased its position in Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after buying an additional 95,086 shares during the period. Royal Bank of Canada increased its position in Schwab US Dividend Equity ETF by 11.8% in the 3rd quarter. Royal Bank of Canada now owns 4,280,883 shares of the company’s stock worth $302,916,000 after buying an additional 451,744 shares during the period. Orgel Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 0.9% in the 1st quarter. Orgel Wealth Management LLC now owns 4,152,801 shares of the company’s stock worth $334,840,000 after buying an additional 38,020 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Schwab US Dividend Equity ETF by 6.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,652,298 shares of the company’s stock valued at $278,049,000 after purchasing an additional 235,941 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD traded up $0.49 during trading hours on Friday, reaching $77.76. The stock had a trading volume of 3,536,614 shares, compared to its average volume of 3,305,000. The business’s fifty day moving average is $78.12 and its two-hundred day moving average is $77.60. The company has a market cap of $54.55 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82.

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.