Obsidian Personal Planning Solutions LLC Purchases 171,036 Shares of Schwab US Dividend Equity ETF $SCHD

Obsidian Personal Planning Solutions LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 70.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 414,778 shares of the company’s stock after acquiring an additional 171,036 shares during the quarter. Schwab US Dividend Equity ETF makes up about 4.8% of Obsidian Personal Planning Solutions LLC’s investment portfolio, making the stock its 5th largest holding. Obsidian Personal Planning Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,710,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SCHD. Opal Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $27,000. Cooksen Wealth LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $38,000. Optimum Investment Advisors increased its holdings in shares of Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares during the last quarter. MTM Investment Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at about $40,000. Finally, Westside Investment Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 3,666.7% during the 1st quarter. Westside Investment Management Inc. now owns 1,469 shares of the company’s stock valued at $41,000 after acquiring an additional 1,430 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $27.64 on Friday. The firm has a market cap of $72.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business’s 50-day simple moving average is $27.26 and its 200-day simple moving average is $26.86. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week 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.