Centaurus Financial Inc. Boosts Position in Schwab US Dividend Equity ETF $SCHD

Centaurus Financial Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.2% in the first quarter, HoldingsChannel reports. The firm owned 158,806 shares of the company’s stock after buying an additional 31,917 shares during the period. Centaurus Financial Inc.’s holdings in Schwab US Dividend Equity ETF were worth $4,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. raised its position in shares of Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after acquiring 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 $25,000. Field & Main Bank purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $29,000. Ashton Thomas Securities LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth approximately $32,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $29,000.

Schwab US Dividend Equity ETF Trading Down 0.2%

Schwab US Dividend Equity ETF stock opened at $33.83 on Thursday. The company has a 50-day moving average price of $32.47 and a 200 day moving average price of $31.39. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $34.24. The stock has a market cap of $104.48 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.