Plancorp LLC Has $1.35 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Plancorp LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 193.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 49,439 shares of the company’s stock after purchasing an additional 32,615 shares during the quarter. Plancorp LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,351,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Fi3 FINANCIAL ADVISORS LLC grew its position in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Fi3 FINANCIAL ADVISORS LLC now owns 9,873 shares of the company’s stock worth $270,000 after buying an additional 6,582 shares during the period. Millstone Evans Group LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $35,000. Summit Global Investments lifted its holdings in shares of Schwab US Dividend Equity ETF by 215.7% during the 4th quarter. Summit Global Investments now owns 388,775 shares of the company’s stock valued at $10,621,000 after purchasing an additional 265,610 shares in the last quarter. 1620 Investment Advisors Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 250.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 7,874 shares of the company’s stock valued at $215,000 after purchasing an additional 5,625 shares in the last quarter. Finally, Lakeshore Financial Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 198.5% during the 4th quarter. Lakeshore Financial Planning Inc. now owns 579,966 shares of the company’s stock valued at $15,845,000 after purchasing an additional 385,667 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.76 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The stock has a market capitalization of $68.84 billion, a PE ratio of 17.56 and a beta of 0.86. The business’s 50-day simple moving average is $27.95 and its 200-day simple moving average is $28.13.

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.