Financial Planning Hawaii Inc. Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Financial Planning Hawaii Inc. acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 25,805 shares of the company’s stock, valued at approximately $708,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Rakuten Investment Management Inc. acquired a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at approximately $847,665,000. Osaic Holdings Inc. lifted its stake in 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 buying an additional 1,217,005 shares during the period. Avantax Planning Partners Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after buying an additional 280,277 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after buying an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

Shares of SCHD stock opened at $30.48 on Tuesday. The firm has a 50 day moving average of $30.77 and a 200-day moving average of $28.58. The company has a market cap of $80.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95.

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.