Schwab US Dividend Equity ETF $SCHD is Keystone Financial Planning Inc.’s Largest Position

Keystone Financial Planning Inc. boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 15.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,342,618 shares of the company’s stock after purchasing an additional 854,298 shares during the quarter. Schwab US Dividend Equity ETF comprises about 50.8% of Keystone Financial Planning Inc.’s holdings, making the stock its largest position. Keystone Financial Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $168,079,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Kozak & Associates Inc. raised its position in shares of Schwab US Dividend Equity ETF by 476.1% in the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after buying an additional 938 shares during the last quarter. PrairieView Partners LLC grew its stake in Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after acquiring an additional 467 shares during the period. Financial Management Professionals Inc. raised its holdings in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares during the last quarter. Cooksen Wealth LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth $38,000. Finally, Optimum Investment Advisors boosted 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 purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.03 on Friday. The company has a market cap of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88. The business has a fifty day simple moving average of $27.34 and a 200-day simple moving average of $26.74. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week 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.