Schwab US Dividend Equity ETF $SCHD Shares Acquired by Obsidian Personal Planning Solutions LLC

Obsidian Personal Planning Solutions LLC lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 458,722 shares of the company’s stock after buying an additional 27,163 shares during the quarter. Schwab US Dividend Equity ETF accounts for 4.3% of Obsidian Personal Planning Solutions LLC’s portfolio, making the stock its 6th biggest holding. Obsidian Personal Planning Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,271,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHD. Rakuten Investment Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $847,665,000. Avantax Advisory Services Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after purchasing an additional 796,001 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 12.1% in the second quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after purchasing an additional 1,217,005 shares during the period. Finally, Avantax Planning Partners Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 3.0% in the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after purchasing an additional 280,277 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.4%

SCHD stock opened at $31.13 on Friday. The company’s 50-day moving average price is $29.98 and its 200 day moving average price is $28.24. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The company has a market cap of $81.88 billion, a P/E ratio of 14.57 and a beta of 0.77.

Schwab US Dividend Equity ETF 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.