Schwab US Dividend Equity ETF $SCHD is Avantax Planning Partners Inc.’s 3rd Largest Position

Avantax Planning Partners Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.8% during the fourth quarter, Holdings Channel reports. The firm owned 10,106,223 shares of the company’s stock after purchasing an additional 366,548 shares during the period. Schwab US Dividend Equity ETF makes up about 7.8% of Avantax Planning Partners Inc.’s holdings, making the stock its 3rd biggest holding. Avantax Planning Partners Inc.’s holdings in Schwab US Dividend Equity ETF were worth $277,214,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SCHD. Mountain Hill Investment Partners Corp. grew its holdings in shares of Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $25,000. Biltmore Family Office LLC raised its holdings in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the period. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $29,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

Shares of SCHD stock opened at $31.80 on Friday. The company has a market cap of $90.27 billion, a PE ratio of 14.57 and a beta of 0.68. The company’s fifty day simple moving average is $31.00 and its 200-day simple moving average is $29.45. Schwab US Dividend Equity ETF has a 52 week low of $25.69 and a 52 week 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.