Walled Lake Planning & Wealth Management LLC Raises Holdings in Schwab US Dividend Equity ETF $SCHD

Walled Lake Planning & Wealth Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.4% in the third quarter, Holdings Channel.com reports. The fund owned 449,626 shares of the company’s stock after buying an additional 30,936 shares during the period. Schwab US Dividend Equity ETF makes up 4.0% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Walled Lake Planning & Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Biltmore Family Office LLC lifted its position 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 worth $27,000 after purchasing an additional 524 shares during the period. Reyes Financial Architecture Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 1,903.1% in the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after buying an additional 1,237 shares in the last quarter. Independence Bank of Kentucky bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $41,000. True Wealth Design LLC boosted its position in shares of Schwab US Dividend Equity ETF by 42.9% during the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after acquiring an additional 450 shares in the last quarter. Finally, Total Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $43,000.

Schwab US Dividend Equity ETF Stock Down 0.9%

NYSEARCA:SCHD opened at $31.26 on Friday. The firm has a market capitalization of $82.22 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The firm has a 50-day moving average price of $29.91 and a 200 day moving average price of $28.20.

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.