Schwab US Dividend Equity ETF $SCHD is Next Level Wealth Planning LLC’s 6th Largest Position

Next Level Wealth Planning LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 430,902 shares of the company’s stock after buying an additional 20,443 shares during the period. Schwab US Dividend Equity ETF accounts for about 6.3% of Next Level Wealth Planning LLC’s investment portfolio, making the stock its 6th biggest holding. Next Level Wealth Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $11,820,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Lederer & Associates Investment Counsel CA increased its position in shares of Schwab US Dividend Equity ETF by 4.2% during the fourth quarter. Lederer & Associates Investment Counsel CA now owns 24,911 shares of the company’s stock worth $683,000 after purchasing an additional 999 shares in the last quarter. Lowery Thomas LLC increased its position in shares of Schwab US Dividend Equity ETF by 5.5% in the 4th quarter. Lowery Thomas LLC now owns 9,452 shares of the company’s stock valued at $259,000 after acquiring an additional 492 shares during the period. Merit Financial Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 88.8% in the 4th quarter. Merit Financial Group LLC now owns 1,568,399 shares of the company’s stock valued at $43,021,000 after acquiring an additional 737,892 shares during the period. AE Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 40.6% in the 4th quarter. AE Wealth Management LLC now owns 444,170 shares of the company’s stock valued at $12,184,000 after acquiring an additional 128,220 shares during the period. Finally, Oxinas Partners LLC increased its position in shares of Schwab US Dividend Equity ETF by 7.4% in the 4th quarter. Oxinas Partners LLC now owns 157,483 shares of the company’s stock valued at $4,320,000 after acquiring an additional 10,812 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $31.05 on Friday. The stock’s fifty day moving average price is $31.03 and its 200 day moving average price is $28.89. Schwab US Dividend Equity ETF has a 1 year low of $24.76 and a 1 year high of $31.95. The company has a market cap of $87.22 billion, a price-to-earnings ratio of 14.57 and a beta of 0.70.

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.