Planning Alternatives Ltd. ADV Acquires 43,751 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Planning Alternatives Ltd. ADV lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 191.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 66,558 shares of the company’s stock after purchasing an additional 43,751 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.3% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 21st biggest holding. Planning Alternatives Ltd. ADV’s holdings in Schwab US Dividend Equity ETF were worth $1,818,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 5.7% in the fourth quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 35,893 shares of the company’s stock worth $1,003,000 after purchasing an additional 1,937 shares during the period. Bedel Financial Consulting Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 197.9% in the fourth quarter. Bedel Financial Consulting Inc. now owns 20,908 shares of the company’s stock worth $584,000 after purchasing an additional 13,890 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Schwab US Dividend Equity ETF by 219.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,131,110 shares of the company’s stock worth $58,222,000 after purchasing an additional 1,464,924 shares during the period. Global Strategic Investment Solutions LLC increased its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 218,814 shares of the company’s stock worth $5,978,000 after purchasing an additional 145,876 shares during the period. Finally, Wolfstich Capital LLC bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $702,000.

Schwab US Dividend Equity ETF Stock Down 0.5 %

Shares of SCHD opened at $28.40 on Tuesday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The firm has a market capitalization of $69.58 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The stock’s 50-day moving average price is $27.80 and its 200 day moving average price is $28.12.

Schwab US Dividend Equity ETF Company Profile

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.