Ignite Planners LLC Invests $210,000 in Schwab US Dividend Equity ETF $SCHD

Ignite Planners LLC bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,779 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also modified their holdings of SCHD. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $27,000. Kozak & Associates Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after acquiring an additional 938 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after acquiring an additional 907 shares in the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $38,000. Finally, Optimum Investment Advisors raised its holdings in shares of Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after acquiring an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of NYSEARCA:SCHD opened at $27.00 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The business has a fifty day simple moving average of $27.35 and a 200 day simple moving average of $26.75. The firm has a market cap of $70.55 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.