Reliant Wealth Planning Increases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Reliant Wealth Planning grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 605,231 shares of the company’s stock after buying an additional 17,727 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 21.7% of Reliant Wealth Planning’s portfolio, making the stock its 2nd largest holding. Reliant Wealth Planning owned about 0.09% of Schwab US Dividend Equity ETF worth $47,063,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Traynor Capital Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after buying an additional 2,142 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 332.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 19,005 shares of the company’s stock valued at $1,532,000 after purchasing an additional 14,614 shares during the period. Apexium Financial LP increased its holdings in Schwab US Dividend Equity ETF by 27.0% during the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock valued at $21,856,000 after purchasing an additional 60,972 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in Schwab US Dividend Equity ETF by 576.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,859 shares of the company’s stock valued at $956,000 after purchasing an additional 10,106 shares during the period. Finally, Commerce Bank increased its holdings in Schwab US Dividend Equity ETF by 34.8% during the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after purchasing an additional 9,636 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded down $0.07 during mid-day trading on Friday, reaching $80.15. 2,526,735 shares of the company’s stock traded hands, compared to its average volume of 3,290,537. Schwab US Dividend Equity ETF has a 12-month low of $66.67 and a 12-month high of $83.19. The firm has a market capitalization of $56.23 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average price of $79.02 and a 200-day moving average price of $78.38.

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.