Capital Planning LLC Buys 11,906 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Capital Planning LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 128.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 21,196 shares of the company’s stock after buying an additional 11,906 shares during the period. Capital Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $579,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SCHD. Central Pacific Bank Trust Division increased its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares in the last quarter. IFS Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth $31,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $27.83 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The firm has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74. The stock has a fifty day simple moving average of $28.21 and a two-hundred day simple moving average of $27.79.

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.