Ridgeline Wealth Planning LLC Has $407,000 Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Ridgeline Wealth Planning LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,353 shares of the company’s stock after selling 1,474 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 0.3% of Ridgeline Wealth Planning LLC’s holdings, making the stock its 29th biggest holding. Ridgeline Wealth Planning LLC’s holdings in Schwab US Dividend Equity ETF were worth $407,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the 1st quarter worth about $27,000. Kozak & Associates Inc. lifted its position in Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares in the last quarter. Financial Management Professionals Inc. lifted its position in Schwab US Dividend Equity ETF by 241.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares in the last quarter. Cooksen Wealth LLC bought a new stake in Schwab US Dividend Equity ETF during the 1st quarter worth about $38,000. Finally, Optimum Investment Advisors raised its holdings in Schwab US Dividend Equity ETF by 57.6% during the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

Shares of NYSEARCA:SCHD opened at $27.00 on Friday. The stock has a market capitalization of $70.55 billion, a P/E ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $29.72. The business has a 50-day moving average price of $27.35 and a two-hundred day moving average price of $26.75.

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.