Planning Project LLC Purchases Shares of 16,033 Schwab US Dividend Equity ETF $SCHD

Planning Project LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,033 shares of the company’s stock, valued at approximately $559,000. Schwab US Dividend Equity ETF comprises approximately 0.1% of Planning Project LLC’s holdings, making the stock its 22nd largest position.

A number of other large investors have also recently made changes to their positions in the business. Financial Insights Inc. increased its position in shares of Schwab US Dividend Equity ETF by 2.6% during the second quarter. Financial Insights Inc. now owns 965,398 shares of the company’s stock worth $30,613,000 after acquiring an additional 24,348 shares in the last quarter. Serenity Investment Advisors lifted its position in Schwab US Dividend Equity ETF by 5.4% in the 2nd quarter. Serenity Investment Advisors now owns 35,308 shares of the company’s stock valued at $1,240,000 after acquiring an additional 1,814 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 48,441 shares of the company’s stock valued at $1,536,000 after acquiring an additional 2,296 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in Schwab US Dividend Equity ETF by 108.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 1,262,852 shares of the company’s stock valued at $40,045,000 after purchasing an additional 656,892 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC boosted its stake in Schwab US Dividend Equity ETF by 65.3% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 28,323 shares of the company’s stock valued at $898,000 after purchasing an additional 11,186 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $34.80 on Monday. The stock has a 50 day moving average price of $33.63 and a two-hundred day moving average price of $32.25. The firm has a market capitalization of $108.12 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31.

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.