Financial Planning Hawaii Inc. Invests $708,000 in Schwab US Dividend Equity ETF $SCHD

Financial Planning Hawaii Inc. bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, HoldingsChannel.com reports. The firm bought 25,805 shares of the company’s stock, valued at approximately $708,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHD. Ellis Investment Partners LLC raised its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock worth $938,000 after buying an additional 375 shares during the period. Harbor Group Inc. grew its stake in Schwab US Dividend Equity ETF by 4.8% in the third quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock valued at $230,000 after acquiring an additional 383 shares during the period. Westside Investment Management Inc. grew its stake in Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock valued at $198,000 after acquiring an additional 383 shares during the period. International Private Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after acquiring an additional 397 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 3.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 12,384 shares of the company’s stock valued at $339,000 after acquiring an additional 402 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1%

Shares of NYSEARCA:SCHD opened at $30.48 on Tuesday. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $31.95. The stock’s 50 day moving average is $30.77 and its 200-day moving average is $28.58. The firm has a market capitalization of $80.17 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.