Schwab US Dividend Equity ETF $SCHD is Retirement Planning Group LLC NY’s 8th Largest Position

Retirement Planning Group LLC NY lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 56.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 171,629 shares of the company’s stock after purchasing an additional 62,066 shares during the period. Schwab US Dividend Equity ETF comprises about 3.2% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its 8th biggest position. Retirement Planning Group LLC NY’s holdings in Schwab US Dividend Equity ETF were worth $4,708,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Rakuten Investment Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $847,665,000. Avantax Planning Partners Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after acquiring an additional 280,277 shares during the last quarter. Cerity Partners LLC boosted its holdings in Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after acquiring an additional 1,005,469 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 2.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock valued at $165,807,000 after acquiring an additional 150,965 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $31.86 on Friday. The stock’s 50 day simple moving average is $30.99 and its 200 day simple moving average is $29.14. The firm has a market cap of $90.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.50 and a 1 year high of $32.13.

Schwab US Dividend Equity ETF Company 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.