Schwab US Dividend Equity ETF $SCHD Shares Bought by Prepared Retirement Institute LLC

Prepared Retirement Institute LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 589,185 shares of the company’s stock after buying an additional 37,208 shares during the period. Schwab US Dividend Equity ETF makes up 8.4% of Prepared Retirement Institute LLC’s holdings, making the stock its 2nd biggest holding. Prepared Retirement Institute LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,085,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $1,031,129,000. RMG Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the second quarter worth approximately $132,621,000. Osaic Holdings Inc. increased its holdings in Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares in the last quarter. DDD Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 3,673.0% in the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock valued at $31,694,000 after buying an additional 1,164,306 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after buying an additional 1,083,206 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.1%

Shares of SCHD stock opened at $27.73 on Friday. The firm has a 50 day moving average of $27.28 and a 200-day moving average of $27.20. The company has a market cap of $71.71 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $28.84.

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.