Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Planning Alternatives Ltd. ADV

Planning Alternatives Ltd. ADV lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 167,453 shares of the company’s stock after selling 3,206 shares during the period. Schwab US Dividend Equity ETF comprises about 1.6% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 16th largest holding. Planning Alternatives Ltd. ADV’s holdings in Schwab US Dividend Equity ETF were worth $8,887,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Duncker Streett & Co. Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 9.7% in the second quarter. Duncker Streett & Co. Inc. now owns 11,265 shares of the company’s stock valued at $598,000 after purchasing an additional 1,000 shares in the last quarter. CRA Financial Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 5.3% in the second quarter. CRA Financial Services LLC now owns 83,506 shares of the company’s stock valued at $4,432,000 after purchasing an additional 4,175 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $111,000. Arden Trust Co purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $2,753,000. Finally, American Economic Planning Group Inc. ADV lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.2% in the second quarter. American Economic Planning Group Inc. ADV now owns 766,684 shares of the company’s stock valued at $40,688,000 after purchasing an additional 16,826 shares in the last quarter.

Shares of NYSEARCA:SCHD traded down $0.28 during midday trading on Friday, hitting $52.90. 915,332 shares of the stock were exchanged, compared to its average volume of 875,044. Schwab US Dividend Equity ETF has a 52-week low of $44.03 and a 52-week high of $55.12. The stock’s fifty day moving average is $53.71.

Further Reading: Leveraged Buyout (LBO) Explained

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

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