Cerity Partners LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cerity Partners LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 376.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,635,367 shares of the company’s stock after buying an additional 4,451,417 shares during the period. Cerity Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $153,993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $34,000. Hobbs Group Advisors LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $68,000. Central Pacific Bank Trust Division increased its position in shares of 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 valued at $25,000 after purchasing an additional 604 shares during the last quarter. Hoese & Co LLP purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at $26,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its position in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after buying an additional 650 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 5.4 %

NYSEARCA SCHD opened at $25.28 on Monday. Schwab US Dividend Equity ETF has a 52 week low of $24.49 and a 52 week high of $29.72. The firm has a market capitalization of $63.71 billion, a price-to-earnings ratio of 17.12 and a beta of 0.86. The company has a fifty day moving average of $27.88 and a two-hundred day moving average of $28.11.

Schwab US Dividend Equity ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.2488 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.