Centerpoint Advisory Group Makes New $359,000 Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Centerpoint Advisory Group purchased a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 13,125 shares of the company’s stock, valued at approximately $359,000.

A number of other large investors also recently made changes to their positions in the business. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Legacy Investment Solutions LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Barrett & Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $38,000. Finally, Phillips Financial Management LLC grew its holdings in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.2 %

NYSEARCA:SCHD opened at $27.79 on Friday. The company has a market cap of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average is $27.72 and its two-hundred day moving average is $28.00. Schwab US Dividend Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $29.72.

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.