Reliant Wealth Planning Has $43.29 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Reliant Wealth Planning boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 157.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,584,366 shares of the company’s stock after purchasing an additional 967,841 shares during the quarter. Schwab US Dividend Equity ETF makes up 20.3% of Reliant Wealth Planning’s portfolio, making the stock its 2nd biggest holding. Reliant Wealth Planning’s holdings in Schwab US Dividend Equity ETF were worth $43,285,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division grew its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $26,000. IFS Advisors LLC increased its stake in shares of 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 acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC boosted its stake in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.56 on Monday. The firm’s 50-day simple moving average is $27.85 and its two-hundred day simple moving average is $27.98. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The stock has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74.

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.