Stonebridge Financial Planning Group LLC Buys 2,312 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Stonebridge Financial Planning Group LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,146 shares of the company’s stock after acquiring an additional 2,312 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.3% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 17th largest holding. Stonebridge Financial Planning Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after purchasing an additional 503,970 shares during the last quarter. Avantax Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 3.7% in the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 2.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after acquiring an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Schwab US Dividend Equity ETF by 1.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock valued at $367,142,000 after acquiring an additional 96,234 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Schwab US Dividend Equity ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after purchasing an additional 95,086 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.2 %

Schwab US Dividend Equity ETF stock traded down $0.93 during trading on Tuesday, reaching $76.99. The company had a trading volume of 2,412,094 shares, compared to its average volume of 3,594,300. The firm’s 50-day simple moving average is $78.32 and its 200 day simple moving average is $75.31. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The firm has a market capitalization of $53.86 billion, a price-to-earnings ratio of 14.82 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.