Schwab US Dividend Equity ETF $SCHD is Keystone Financial Planning Inc.’s Largest Position

Keystone Financial Planning Inc. cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,150,754 shares of the company’s stock after selling 191,864 shares during the period. Schwab US Dividend Equity ETF makes up 48.8% of Keystone Financial Planning Inc.’s holdings, making the stock its biggest holding. Keystone Financial Planning Inc. owned approximately 0.23% of Schwab US Dividend Equity ETF worth $167,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. MOKAN Wealth Management Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 4.9% during the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after buying an additional 6,985 shares during the period. Advisory Resource Group lifted its stake in Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after acquiring an additional 2,520 shares in the last quarter. Welch Group LLC lifted its stake in Schwab US Dividend Equity ETF by 44.7% during the 2nd quarter. Welch Group LLC now owns 11,724 shares of the company’s stock worth $311,000 after acquiring an additional 3,624 shares in the last quarter. Elevate Wealth Advisory Inc. boosted its holdings in Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after acquiring an additional 3,915 shares during the period. Finally, AE Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 13.2% in the 2nd quarter. AE Wealth Management LLC now owns 321,104 shares of the company’s stock valued at $8,509,000 after acquiring an additional 37,403 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.60 on Thursday. The company’s 50-day simple moving average is $27.11 and its 200-day simple moving average is $27.13. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $28.84. The stock has a market capitalization of $71.37 billion, a PE ratio of 14.57 and a beta of 0.77.

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.