39,747 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Acquired by Centricity Wealth Management LLC

Centricity Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 39,747 shares of the company’s stock, valued at approximately $1,086,000. Schwab US Dividend Equity ETF comprises about 1.0% of Centricity Wealth Management LLC’s holdings, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. O ROURKE & COMPANY Inc grew its stake in Schwab US Dividend Equity ETF by 5.7% in the third quarter. O ROURKE & COMPANY Inc now owns 6,738 shares of the company’s stock worth $570,000 after purchasing an additional 366 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $31,000. Galvin Gaustad & Stein LLC grew its position in shares of Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 17,987 shares of the company’s stock worth $1,520,000 after buying an additional 377 shares in the last quarter. Phillips Financial Management LLC grew its position in shares of Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after buying an additional 391 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Carmichael Hill & Associates Inc. now owns 21,086 shares of the company’s stock valued at $1,782,000 after buying an additional 394 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $28.32 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72. The company has a 50-day moving average of $27.69 and a 200 day moving average of $28.02. The firm has a market cap of $69.38 billion, a PE ratio of 17.48 and a beta of 0.88.

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.