Schwab US Dividend Equity ETF $SCHD is Obsidian Personal Planning Solutions LLC’s 6th Largest Position

Obsidian Personal Planning Solutions LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 458,722 shares of the company’s stock after acquiring an additional 27,163 shares during the quarter. Schwab US Dividend Equity ETF comprises 4.3% of Obsidian Personal Planning Solutions LLC’s investment portfolio, making the stock its 6th biggest holding. Obsidian Personal Planning Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $12,271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHD. Rakuten Investment Management Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $1,127,144,000. Sumitomo Life Insurance Co. acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at $847,665,000. Avantax Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock valued at $753,579,000 after buying an additional 796,001 shares during the period. Osaic Holdings Inc. raised its position in Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares during the last quarter. Finally, Avantax Planning Partners Inc. raised its position in Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after buying an additional 280,277 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $31.13 on Friday. The stock has a market capitalization of $81.88 billion, a PE ratio of 14.57 and a beta of 0.77. The company has a fifty day moving average of $29.98 and a 200-day moving average of $28.24. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $31.95.

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.