Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Beacon Financial Planning Inc.

Beacon Financial Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 233.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 181,630 shares of the company’s stock after buying an additional 127,193 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 2.9% of Beacon Financial Planning Inc.’s holdings, making the stock its 9th largest holding. Beacon Financial Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,962,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Mather Group LLC. grew its position in shares of Schwab US Dividend Equity ETF by 291.9% during the 4th quarter. Mather Group LLC. now owns 12,150 shares of the company’s stock worth $332,000 after buying an additional 9,050 shares during the period. Stephens Consulting LLC boosted its stake in Schwab US Dividend Equity ETF by 63.9% in the fourth quarter. Stephens Consulting LLC now owns 13,323 shares of the company’s stock valued at $364,000 after acquiring an additional 5,195 shares during the last quarter. Welch Group LLC grew its holdings in Schwab US Dividend Equity ETF by 202.7% during the 4th quarter. Welch Group LLC now owns 7,795 shares of the company’s stock worth $212,000 after acquiring an additional 5,220 shares during the period. Brown Lisle Cummings Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 211.8% in the 4th quarter. Brown Lisle Cummings Inc. now owns 7,935 shares of the company’s stock valued at $217,000 after purchasing an additional 5,390 shares during the period. Finally, Pennsylvania Capital Management Inc. ADV lifted its stake in shares of Schwab US Dividend Equity ETF by 175.8% in the 4th quarter. Pennsylvania Capital Management Inc. ADV now owns 223,290 shares of the company’s stock valued at $6,100,000 after purchasing an additional 142,331 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.76 on Wednesday. The business has a fifty day simple moving average of $27.98 and a 200 day simple moving average of $27.97. The stock has a market cap of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72.

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.