Cerity Partners LLC Raises Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cerity Partners LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 376.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,635,367 shares of the company’s stock after purchasing an additional 4,451,417 shares during the period. Cerity Partners LLC owned about 0.80% of Schwab US Dividend Equity ETF worth $153,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Anchor Investment Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after purchasing an additional 428 shares in the last quarter. Bernardo Wealth Planning LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.8% during the fourth quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock worth $366,000 after purchasing an additional 498 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in Schwab US Dividend Equity ETF by 200.0% during the 4th 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 during the period. Finally, Coldstream Capital Management Inc. lifted its holdings in Schwab US Dividend Equity ETF by 5.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 11,695 shares of the company’s stock worth $986,000 after purchasing an additional 639 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $25.28 on Monday. The firm has a market cap of $63.71 billion, a P/E ratio of 17.12 and a beta of 0.86. Schwab US Dividend Equity ETF has a 1 year low of $24.49 and a 1 year high of $29.72. The company has a 50 day simple moving average of $27.88 and a two-hundred day simple moving average of $28.11.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.2488 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.