Centennial Advisors LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 78,569 shares of the company’s stock, valued at approximately $2,155,000. Schwab US Dividend Equity ETF comprises approximately 2.8% of Centennial Advisors LLC’s portfolio, making the stock its 11th largest holding.
A number of other institutional investors also recently modified their holdings of SCHD. Rakuten Investment Management Inc. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $1,127,144,000. Sumitomo Life Insurance Co. bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $847,665,000. Cibc World Market Inc. raised its position in Schwab US Dividend Equity ETF by 243.5% in the 3rd quarter. Cibc World Market Inc. now owns 5,328,615 shares of the company’s stock worth $145,471,000 after purchasing an additional 3,777,339 shares during the last quarter. Osaic Holdings Inc. raised its position in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares during the last quarter. Finally, Lido Advisors LLC bought a new position in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $32,308,000.
Schwab US Dividend Equity ETF Price Performance
SCHD stock opened at $30.86 on Thursday. The company has a 50 day moving average price of $30.98 and a 200 day moving average price of $28.73. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The stock has a market capitalization of $85.45 billion, a PE ratio of 14.57 and a beta of 0.74.
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.
See Also
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