Plan Group Financial LLC Acquires 14,055 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Plan Group Financial LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,269 shares of the company’s stock after purchasing an additional 14,055 shares during the period. Plan Group Financial LLC’s holdings in Schwab US Dividend Equity ETF were worth $581,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SCHD. Central Pacific Bank Trust Division raised its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after buying an additional 604 shares during the last quarter. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $26,000. IFS Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Finally, Olistico Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.99 on Wednesday. The firm has a fifty day moving average price of $27.70 and a 200 day moving average price of $28.01. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72. The firm has a market cap of $68.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

About Schwab US Dividend Equity ETF

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.