Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Centerpoint Advisors LLC

Centerpoint Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 197.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,137 shares of the company’s stock after buying an additional 11,383 shares during the quarter. Centerpoint Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $468,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHD. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $26,000. IFS Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after purchasing an additional 699 shares during the period. Kennebec Savings Bank bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 202.2% in the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.79 on Tuesday. The firm has a market cap of $68.09 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The stock’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $28.00. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72.

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.