Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Boosted by WR Wealth Planners LLC

WR Wealth Planners LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,080 shares of the company’s stock after buying an additional 2,732 shares during the quarter. WR Wealth Planners LLC’s holdings in Schwab US Dividend Equity ETF were worth $111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHD. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000. Phillips Financial Management LLC boosted its stake in Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter. Finally, Hobbs Group Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $68,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $28.54 on Friday. The stock has a fifty day moving average price of $27.78 and a two-hundred day moving average price of $28.10. The firm has a market cap of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72.

Schwab US Dividend Equity ETF 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.