Ridgeline Wealth Planning LLC Purchases Shares of 17,524 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Ridgeline Wealth Planning LLC acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 17,524 shares of the company’s stock, valued at approximately $479,000. Schwab US Dividend Equity ETF comprises approximately 0.5% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sound Income Strategies LLC boosted its holdings in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares in the last quarter. Argus Investors Counsel Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 8.0% during the 3rd quarter. Argus Investors Counsel Inc. now owns 4,768 shares of the company’s stock valued at $403,000 after acquiring an additional 355 shares during the last quarter. O ROURKE & COMPANY Inc boosted its stake in shares of Schwab US Dividend Equity ETF by 5.7% during the 3rd quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after acquiring an additional 366 shares in the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $31,000. Finally, Brown Lisle Cummings Inc. raised its position in shares of Schwab US Dividend Equity ETF by 17.3% during the third quarter. Brown Lisle Cummings Inc. now owns 2,545 shares of the company’s stock worth $215,000 after purchasing an additional 375 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of NYSEARCA SCHD opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company has a market cap of $19.55 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a fifty day simple moving average of $27.81 and a 200-day simple moving average of $27.99.

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.