Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Reaches New 1-Year High – Time to Buy?

Schwab US Dividend Equity ETF (NYSEARCA:SCHDGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $33.54 and last traded at $33.51, with a volume of 2834722 shares. The stock had previously closed at $33.29.

Key Headlines Impacting Schwab US Dividend Equity ETF

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

Schwab US Dividend Equity ETF Price Performance

The firm has a market cap of $104.12 billion, a PE ratio of 14.57 and a beta of 0.68. The stock has a 50-day moving average price of $32.44 and a 200 day moving average price of $31.35.

Institutional Trading of Schwab US Dividend Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MeadowBrook Investment Advisors LLC boosted its position in shares of Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after buying an additional 325 shares during the period. Semus Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock valued at $1,574,000 after buying an additional 347 shares in the last quarter. Harmony Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 3.8% during the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after buying an additional 354 shares during the period. Colorado Capital Management Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the period. Finally, Commonwealth Financial Services LLC lifted its position in Schwab US Dividend Equity ETF by 1.8% during the 1st quarter. Commonwealth Financial Services LLC now owns 20,837 shares of the company’s stock worth $639,000 after acquiring an additional 374 shares in the last quarter.

About Schwab US Dividend Equity ETF

(Get Free Report)

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.

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