Ceera Investments LLC Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Ceera Investments LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, HoldingsChannel.com reports. The fund purchased 31,577 shares of the company’s stock, valued at approximately $969,000.

Several other institutional investors have also modified their holdings of the business. Mountain Hill Investment Partners Corp. grew its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after purchasing an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at approximately $33,000.

Schwab US Dividend Equity ETF Stock Down 0.4%

Shares of SCHD stock opened at $32.91 on Friday. The firm has a fifty day moving average of $32.26 and a 200-day moving average of $31.06. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $33.50. The company has a market capitalization of $100.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.