RMR Wealth Builders Has $400,000 Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

RMR Wealth Builders increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 250.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,640 shares of the company’s stock after purchasing an additional 10,466 shares during the quarter. RMR Wealth Builders’ holdings in Schwab US Dividend Equity ETF were worth $400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. LPL Financial LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 3.1% during the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after buying an additional 350,872 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock worth $361,948,000 after buying an additional 297,674 shares during the last quarter. Orgel Wealth Management LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.7% during the third quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after buying an additional 70,852 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after buying an additional 101,637 shares during the last quarter. Finally, Keystone Financial Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 5.4% during the third quarter. Keystone Financial Planning Inc. now owns 1,858,898 shares of the company’s stock worth $157,133,000 after buying an additional 94,765 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.1 %

SCHD opened at $27.01 on Friday. The stock has a market cap of $18.95 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The stock’s 50 day simple moving average is $28.29 and its 200-day simple moving average is $27.75.

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.