Next Level Wealth Planning LLC Purchases Shares of 327,211 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Next Level Wealth Planning LLC purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 327,211 shares of the company’s stock, valued at approximately $8,939,000. Schwab US Dividend Equity ETF makes up about 7.0% of Next Level Wealth Planning LLC’s holdings, making the stock its 6th biggest position.

A number of other institutional investors have also recently bought and sold shares of the stock. American Financial Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 202.0% in the fourth quarter. American Financial Advisors LLC now owns 1,083,103 shares of the company’s stock worth $29,590,000 after purchasing an additional 724,421 shares in the last quarter. Newman Dignan & Sheerar Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 2.7% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 805,876 shares of the company’s stock worth $22,017,000 after purchasing an additional 21,425 shares in the last quarter. Salomon & Ludwin LLC lifted its position in shares of Schwab US Dividend Equity ETF by 197.7% in the fourth quarter. Salomon & Ludwin LLC now owns 22,638 shares of the company’s stock worth $618,000 after purchasing an additional 15,034 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $57,000. Finally, Lodestone Wealth Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 198.3% in the fourth quarter. Lodestone Wealth Management LLC now owns 7,935 shares of the company’s stock worth $217,000 after purchasing an additional 5,275 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

Shares of SCHD stock opened at $27.79 on Friday. The company’s fifty day simple moving average is $27.72 and its 200-day simple moving average is $28.00. The firm has a market cap of $19.49 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

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.