Consolidated Planning Corp Buys 55,732 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Consolidated Planning Corp raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 194.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 84,400 shares of the company’s stock after purchasing an additional 55,732 shares during the quarter. Consolidated Planning Corp’s holdings in Schwab US Dividend Equity ETF were worth $2,306,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $31,000. Legacy Investment Solutions LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $38,000. Finally, Phillips Financial Management LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.65 on Thursday. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The stock has a market capitalization of $19.40 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a fifty day moving average of $27.79 and a 200-day moving average of $28.00.

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.