Centurion Wealth Management LLC Invests $553,000 in Schwab US Dividend Equity ETF $SCHD

Centurion Wealth Management LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 20,260 shares of the company’s stock, valued at approximately $553,000.

A number of other large investors have also recently bought and sold shares of the stock. LVM Capital Management Ltd. MI lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.3% during the third quarter. LVM Capital Management Ltd. MI now owns 142,904 shares of the company’s stock valued at $3,901,000 after acquiring an additional 1,879 shares during the period. Newman Dignan & Sheerar Inc. increased its position in shares of Schwab US Dividend Equity ETF by 2.0% during the 3rd quarter. Newman Dignan & Sheerar Inc. now owns 921,785 shares of the company’s stock worth $25,165,000 after purchasing an additional 18,452 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.3% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 265,877 shares of the company’s stock worth $7,258,000 after purchasing an additional 11,012 shares in the last quarter. Waller Financial Planning Group Inc. lifted its holdings in Schwab US Dividend Equity ETF by 0.6% during the 3rd quarter. Waller Financial Planning Group Inc. now owns 733,480 shares of the company’s stock valued at $20,024,000 after purchasing an additional 4,628 shares during the last quarter. Finally, Fermata Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 2.7% in the third quarter. Fermata Advisors LLC now owns 82,803 shares of the company’s stock valued at $2,261,000 after buying an additional 2,212 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1%

Shares of Schwab US Dividend Equity ETF stock opened at $27.46 on Friday. The stock has a market capitalization of $71.01 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s 50-day moving average price is $27.14 and its two-hundred day moving average price is $27.14. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84.

About Schwab US Dividend Equity ETF

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.