Retirement Planning Group LLC Buys 50,716 Shares of Schwab US Dividend Equity ETF $SCHD

Retirement Planning Group LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 219.3% in the third quarter, HoldingsChannel reports. The firm owned 73,839 shares of the company’s stock after buying an additional 50,716 shares during the period. Retirement Planning Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,016,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Kozak & Associates Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the period. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares during the period. Financial Management Professionals Inc. raised its position in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after purchasing an additional 907 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth $39,000. Finally, Independence Bank of Kentucky acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $41,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

SCHD opened at $28.62 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84. The company has a market cap of $74.90 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The company’s fifty day moving average price is $27.50 and its two-hundred day moving average price is $27.30.

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.