Summit Wealth & Retirement Planning Inc. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% during the first quarter, Holdings Channel reports. The fund owned 20,963 shares of the company’s stock after acquiring an additional 1,304 shares during the quarter. Summit Wealth & Retirement Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,096,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Vaughan David Investments LLC IL grew its holdings in Schwab US Dividend Equity ETF by 12.4% in the 1st quarter. Vaughan David Investments LLC IL now owns 76,270 shares of the company’s stock valued at $3,987,000 after buying an additional 8,390 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in Schwab US Dividend Equity ETF in the 1st quarter valued at $56,000. Keybank National Association OH grew its holdings in Schwab US Dividend Equity ETF by 49.0% in the 1st quarter. Keybank National Association OH now owns 296,800 shares of the company’s stock valued at $15,517,000 after buying an additional 97,666 shares in the last quarter. Foster & Motley Inc. grew its holdings in Schwab US Dividend Equity ETF by 18.7% in the 1st quarter. Foster & Motley Inc. now owns 16,991 shares of the company’s stock valued at $888,000 after buying an additional 2,674 shares in the last quarter. Finally, FormulaFolio Investments LLC grew its holdings in Schwab US Dividend Equity ETF by 56.5% in the 1st quarter. FormulaFolio Investments LLC now owns 10,256 shares of the company’s stock valued at $536,000 after buying an additional 3,701 shares in the last quarter.

NYSEARCA SCHD traded down $0.21 on Wednesday, reaching $51.92. The stock had a trading volume of 7,703 shares, compared to its average volume of 1,004,926. Schwab US Dividend Equity ETF has a 1-year low of $44.03 and a 1-year high of $54.75.

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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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