Citrine Capital LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Citrine Capital LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 13,089 shares of the company’s stock, valued at approximately $358,000.

Other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division increased its position 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 worth $25,000 after purchasing an additional 604 shares in the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $26,000. IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC increased its position in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after purchasing an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock opened at $27.75 on Friday. The company has a 50 day simple moving average of $27.92 and a 200 day simple moving average of $27.97. The stock has a market cap of $19.47 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 1 year low of $25.16 and a 1 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.