Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Planning Directions Inc.’s 3rd Largest Position

Planning Directions Inc. grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 110,921 shares of the company’s stock after buying an additional 194 shares during the period. Schwab US Dividend Equity ETF comprises approximately 6.4% of Planning Directions Inc.’s holdings, making the stock its 3rd biggest position. Planning Directions Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,088,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. Newman Dignan & Sheerar Inc. grew its position in shares of Schwab US Dividend Equity ETF by 926.5% during the fourth quarter. Newman Dignan & Sheerar Inc. now owns 2,291,024 shares of the company’s stock worth $14,695,000 after purchasing an additional 2,067,826 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Schwab US Dividend Equity ETF by 8,971.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,983,567 shares of the company’s stock worth $127,227,000 after purchasing an additional 1,961,700 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $51,527,000. LPL Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 28.7% during the fourth quarter. LPL Financial LLC now owns 2,435,024 shares of the company’s stock worth $156,182,000 after purchasing an additional 542,871 shares in the last quarter. Finally, AE Wealth Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 216.1% during the fourth quarter. AE Wealth Management LLC now owns 748,631 shares of the company’s stock worth $48,017,000 after purchasing an additional 511,830 shares in the last quarter.

Schwab US Dividend Equity ETF stock traded down $0.06 during midday trading on Tuesday, reaching $75.23. 28,420 shares of the stock traded hands, compared to its average volume of 2,108,938. The stock’s fifty day moving average is $73.72 and its 200-day moving average is $66.54. Schwab US Dividend Equity ETF has a 12 month low of $47.89 and a 12 month high of $75.62.

Further Reading: Options Trading

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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