Beacon Financial Planning Inc. Purchases 127,193 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Beacon Financial Planning Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 233.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 181,630 shares of the company’s stock after buying an additional 127,193 shares during the period. Schwab US Dividend Equity ETF makes up 2.9% of Beacon Financial Planning Inc.’s portfolio, making the stock its 9th largest position. Beacon Financial Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,962,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $38,000. Finally, Phillips Financial Management LLC raised 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 during the period.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.76 on Wednesday. The stock has a market capitalization of $19.47 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The business has a 50-day moving average of $27.98 and a 200-day moving average of $27.97.

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.