Schwab US Dividend Equity ETF $SCHD Stock Position Raised by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,739,675 shares of the company’s stock after buying an additional 280,277 shares during the period. Schwab US Dividend Equity ETF comprises about 7.6% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 3rd biggest position. Avantax Planning Partners Inc. owned 0.38% of Schwab US Dividend Equity ETF worth $265,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in SCHD. MOKAN Wealth Management Inc. lifted its position in Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock worth $3,995,000 after buying an additional 6,985 shares during the last quarter. Advisory Resource Group raised its stake in shares of Schwab US Dividend Equity ETF by 4.4% during the second quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock worth $1,577,000 after acquiring an additional 2,520 shares in the last quarter. DMKC Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the last quarter. Welch Group LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 44.7% in the 2nd quarter. Welch Group LLC now owns 11,724 shares of the company’s stock valued at $311,000 after purchasing an additional 3,624 shares in the last quarter. Finally, Insight Inv LLC purchased a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $682,000.

Schwab US Dividend Equity ETF Stock Down 0.1%

NYSEARCA SCHD opened at $29.14 on Monday. The company has a 50-day simple moving average of $27.83 and a two-hundred day simple moving average of $27.40. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.30. The firm has a market cap of $76.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.