Schwab US Dividend Equity ETF $SCHD Shares Newly Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 839,937 shares of the company’s stock, valued at approximately $27,323,000.

Several other hedge funds also recently bought and sold shares of the company. Rakuten Investment Management Inc. boosted its holdings in Schwab US Dividend Equity ETF by 7.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 50,684,634 shares of the company’s stock valued at $1,664,990,000 after purchasing an additional 3,545,800 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock valued at $560,222,000 after purchasing an additional 354,983 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth $337,510,000. Cassaday & Co Wealth Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock worth $293,578,000 after purchasing an additional 324,778 shares during the period. Finally, Royal Bank of Canada raised its position in shares of Schwab US Dividend Equity ETF by 8.3% in the first quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after buying an additional 660,876 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $36.02 on Thursday. The company has a market capitalization of $122.56 billion, a PE ratio of 19.09 and a beta of 0.66. Schwab US Dividend Equity ETF has a 52-week low of $26.60 and a 52-week high of $36.38. The business’s fifty day moving average is $34.25 and its 200 day moving average is $32.59.

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.