Retirement Planning Group LLC NY Has $4.71 Million Position in Schwab US Dividend Equity ETF $SCHD

Retirement Planning Group LLC NY lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 56.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 171,629 shares of the company’s stock after purchasing an additional 62,066 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 3.2% of Retirement Planning Group LLC NY’s portfolio, making the stock its 8th largest position. Retirement Planning Group LLC NY’s holdings in Schwab US Dividend Equity ETF were worth $4,708,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Avantax Planning Partners Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after buying an additional 280,277 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after buying an additional 1,005,469 shares during the period. Finally, Cassaday & Co Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 2.5% during the third quarter. Cassaday & Co Wealth Management LLC now owns 6,073,520 shares of the company’s stock valued at $165,807,000 after buying an additional 150,965 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.7%

Shares of Schwab US Dividend Equity ETF stock opened at $31.86 on Friday. The business has a 50 day moving average of $30.99 and a 200 day moving average of $29.14. Schwab US Dividend Equity ETF has a 52 week low of $25.50 and a 52 week high of $32.13. The company has a market cap of $90.44 billion, a PE ratio of 14.57 and a beta of 0.68.

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.