Lakeshore Financial Planning Inc. Has $11.52 Million Position in Schwab US Dividend Equity ETF $SCHD

Lakeshore Financial Planning Inc. reduced its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 363,303 shares of the company’s stock after selling 16,406 shares during the quarter. Schwab US Dividend Equity ETF accounts for 3.7% of Lakeshore Financial Planning Inc.’s holdings, making the stock its 7th biggest holding. Lakeshore Financial Planning Inc.’s holdings in Schwab US Dividend Equity ETF were worth $11,520,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Merrithew & Thorsten Inc bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth about $25,000. Byrne Asset Management LLC bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at approximately $27,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $29,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $32,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

NYSEARCA SCHD opened at $35.08 on Friday. The firm has a market capitalization of $108.99 billion, a price-to-earnings ratio of 14.57 and a beta of 0.67. The firm’s 50 day simple moving average is $33.58 and its 200 day simple moving average is $32.23. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31.

Schwab US Dividend Equity ETF 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.