Next Level Wealth Planning LLC Boosts Stock Position in Schwab US Dividend Equity ETF $SCHD

Next Level Wealth Planning LLC grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 383,170 shares of the company’s stock after acquiring an additional 34,731 shares during the period. Schwab US Dividend Equity ETF comprises about 6.5% of Next Level Wealth Planning LLC’s portfolio, making the stock its 6th largest holding. Next Level Wealth Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $10,154,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $1,031,129,000. Wealthspire Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares during the period. LPL Financial LLC grew its stake in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after acquiring an additional 2,470,706 shares in the last quarter. Cresset Asset Management LLC grew its stake in Schwab US Dividend Equity ETF by 37.5% during the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after acquiring an additional 2,069,007 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 6.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $27.41 on Monday. The firm has a 50 day simple moving average of $27.33 and a 200 day simple moving average of $26.75. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market cap of $71.87 billion, a P/E ratio of 14.57 and a beta of 0.88.

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.