Capital Planning LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Planning LLC grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 128.2% in the fourth quarter, HoldingsChannel reports. The firm owned 21,196 shares of the company’s stock after buying an additional 11,906 shares during the quarter. Capital Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $579,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHD. Keystone Financial Planning Inc. grew its position in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares in the last quarter. Marquette Asset Management LLC grew its position in Schwab US Dividend Equity ETF by 200.7% in the fourth quarter. Marquette Asset Management LLC now owns 2,017,395 shares of the company’s stock worth $55,115,000 after acquiring an additional 1,346,461 shares in the last quarter. Burkett Financial Services LLC grew its position in Schwab US Dividend Equity ETF by 201.1% in the fourth quarter. Burkett Financial Services LLC now owns 1,542,139 shares of the company’s stock worth $42,131,000 after acquiring an additional 1,030,031 shares in the last quarter. Noble Family Wealth LLC grew its position in Schwab US Dividend Equity ETF by 215.4% in the fourth quarter. Noble Family Wealth LLC now owns 1,202,238 shares of the company’s stock worth $32,737,000 after acquiring an additional 821,050 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in Schwab US Dividend Equity ETF by 232.3% in the fourth quarter. Park Avenue Securities LLC now owns 931,020 shares of the company’s stock worth $25,435,000 after acquiring an additional 650,852 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.0 %

SCHD opened at $27.83 on Friday. The firm has a market cap of $19.52 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $24.97 and a 12 month high of $29.72. The stock has a 50-day moving average of $28.21 and a 200 day moving average of $27.79.

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.