Planning Project LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Planning Project LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 16,033 shares of the company’s stock, valued at approximately $559,000. Schwab US Dividend Equity ETF comprises approximately 0.1% of Planning Project LLC’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHD. Byrne Asset Management LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $27,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Ashton Thomas Securities LLC bought a new position in shares of Schwab US Dividend Equity ETF in the first quarter valued at approximately $32,000. Finally, Triumph Capital Management purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $34.80 on Monday. The stock has a 50 day moving average of $33.63 and a 200 day moving average of $32.25. The company has a market capitalization of $108.12 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31.

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.