Centric Wealth Management Makes New $2.47 Million Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Centric Wealth Management acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 32,325 shares of the company’s stock, valued at approximately $2,469,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raleigh Capital Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $28,000. Signature Resources Capital Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $32,000. Bear Mountain Capital Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $34,000. Howe & Rusling Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 209.8% during the 3rd quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after acquiring an additional 344 shares during the last quarter. Finally, Carmel Capital Partners LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $39,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock traded up $0.19 during mid-day trading on Wednesday, hitting $78.44. 1,586,285 shares of the company’s stock traded hands, compared to its average volume of 3,539,817. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The stock has a market cap of $54.87 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The firm has a 50 day simple moving average of $78.33 and a two-hundred day simple moving average of $75.61.

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.