Schwab US Dividend Equity ETF $SCHD Shares Purchased by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30,756.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 225,867 shares of the company’s stock after purchasing an additional 225,135 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.0% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 21st largest position. Cornerstone Planning Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $6,618,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Brighton Jones LLC raised its stake in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Schwab US Dividend Equity ETF by 206.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC raised its stake in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares during the last quarter. Finally, United Bank increased its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.7%

Shares of SCHD opened at $31.86 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $25.50 and a 52-week high of $32.13. The company has a market capitalization of $90.44 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a fifty day simple moving average of $30.99 and a two-hundred day simple moving average of $29.14.

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.