Schwab US Dividend Equity ETF $SCHD is Next Level Wealth Planning LLC’s 7th Largest Position

Next Level Wealth Planning LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 410,459 shares of the company’s stock after buying an additional 27,289 shares during the period. Schwab US Dividend Equity ETF accounts for 6.3% of Next Level Wealth Planning LLC’s portfolio, making the stock its 7th biggest holding. Next Level Wealth Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,206,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MOKAN Wealth Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.9% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after acquiring an additional 6,985 shares in the last quarter. Advisory Resource Group lifted its holdings in shares of Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after purchasing an additional 2,520 shares during the last quarter. DMKC Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after purchasing an additional 20,989 shares during the period. Welch Group LLC increased its stake in Schwab US Dividend Equity ETF by 44.7% in the 2nd quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after purchasing an additional 3,624 shares in the last quarter. Finally, Insight Inv LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth about $682,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.70 on Wednesday. The company has a 50-day moving average of $27.71 and a two-hundred day moving average of $27.36. The stock has a market cap of $75.26 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.11.

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.