Keystone Financial Planning Inc. Purchases 29,169 Shares of Schwab US Dividend Equity ETF $SCHD

Keystone Financial Planning Inc. grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,279,518 shares of the company’s stock after purchasing an additional 29,169 shares during the quarter. Schwab US Dividend Equity ETF accounts for 39.0% of Keystone Financial Planning Inc.’s investment portfolio, making the stock its biggest position. Keystone Financial Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $204,273,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gemmer Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock worth $686,000 after buying an additional 317 shares in the last quarter. MeadowBrook Investment Advisors LLC increased its position in Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after acquiring an additional 325 shares during the period. FC Advisory LLC raised its stake in Schwab US Dividend Equity ETF by 1.8% during the 3rd quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock valued at $626,000 after acquiring an additional 336 shares in the last quarter. Semus Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after acquiring an additional 347 shares in the last quarter. Finally, Harmony Asset Management LLC raised its stake in Schwab US Dividend Equity ETF by 3.8% during the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after acquiring an additional 354 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $33.15 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The firm has a market capitalization of $110.22 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a fifty day moving average of $34.02 and a two-hundred day moving average of $32.64.

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.