Retirement Planning Group LLC NY Purchases 28,167 Shares of Schwab US Dividend Equity ETF $SCHD

Retirement Planning Group LLC NY lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.4% in the first quarter, Holdings Channel reports. The firm owned 199,796 shares of the company’s stock after acquiring an additional 28,167 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 4.0% of Retirement Planning Group LLC NY’s holdings, making the stock its 4th biggest position. Retirement Planning Group LLC NY’s holdings in Schwab US Dividend Equity ETF were worth $6,130,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Colorado Capital Management Inc. lifted its stake in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the last quarter. International Private Wealth Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock worth $340,000 after acquiring an additional 397 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of Schwab US Dividend Equity ETF by 4.6% during the first quarter. Brown Lisle Cummings Inc. now owns 9,135 shares of the company’s stock worth $280,000 after acquiring an additional 400 shares during the last quarter. Archer Investment Corp increased its holdings in shares of Schwab US Dividend Equity ETF by 5.0% in the 4th quarter. Archer Investment Corp now owns 8,534 shares of the company’s stock valued at $234,000 after acquiring an additional 404 shares during the period. Finally, Semus Wealth Partners LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 0.8% in the 4th quarter. Semus Wealth Partners LLC now owns 50,970 shares of the company’s stock valued at $1,398,000 after acquiring an additional 411 shares during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $32.09 on Friday. The company has a market cap of $91.09 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The company has a fifty day moving average price of $31.96 and a 200 day moving average price of $30.56. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $32.92.

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.