Essential Planning LLC. Makes New Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Essential Planning LLC. acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 210,058 shares of the company’s stock, valued at approximately $5,739,000.

Other institutional investors also recently bought and sold shares of the company. Tyler Stone Wealth Management lifted its position in shares of Schwab US Dividend Equity ETF by 224.6% during the third quarter. Tyler Stone Wealth Management now owns 2,691 shares of the company’s stock worth $227,000 after purchasing an additional 1,862 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $31,000. Patten & Patten Inc. TN lifted its position in shares of Schwab US Dividend Equity ETF by 10.4% during the third quarter. Patten & Patten Inc. TN now owns 10,255 shares of the company’s stock worth $867,000 after purchasing an additional 970 shares in the last quarter. Everhart Financial Group Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 2.2% during the third quarter. Everhart Financial Group Inc. now owns 47,307 shares of the company’s stock worth $4,004,000 after purchasing an additional 1,022 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in Schwab US Dividend Equity ETF by 32.0% in the third quarter. Apollon Wealth Management LLC now owns 70,244 shares of the company’s stock valued at $5,938,000 after acquiring an additional 17,015 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $27.74 on Wednesday. The stock has a market capitalization of $68.80 billion, a PE ratio of 17.56 and a beta of 0.86. The firm’s fifty day moving average price is $27.88 and its 200 day moving average price is $28.14. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72.

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.