Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Sets New 12-Month High at $78.96

Schwab US Dividend Equity ETF (NYSEARCA:SCHDGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $78.96 and last traded at $78.84, with a volume of 545806 shares changing hands. The stock had previously closed at $78.38.

Schwab US Dividend Equity ETF Trading Down 0.4 %

The firm’s 50-day simple moving average is $76.94 and its 200-day simple moving average is $73.74. The company has a market capitalization of $51.64 billion, a PE ratio of 14.38 and a beta of 0.88.

Institutional Investors Weigh In On Schwab US Dividend Equity ETF

Several hedge funds have recently modified their holdings of the business. Moneta Group Investment Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 104,751.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock worth $3,977,523,000 after purchasing an additional 52,604,309 shares during the period. LPL Financial LLC lifted its position in shares of Schwab US Dividend Equity ETF by 4.7% in the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares during the period. Charles Schwab Investment Advisory Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 1.1% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 9,700,763 shares of the company’s stock worth $704,469,000 after purchasing an additional 107,042 shares during the period. Morgan Stanley lifted its position in shares of Schwab US Dividend Equity ETF by 13.3% in the 4th quarter. Morgan Stanley now owns 7,736,874 shares of the company’s stock worth $584,444,000 after purchasing an additional 911,053 shares during the period. Finally, Avantax Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 3.7% in the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after purchasing an additional 266,516 shares during the period.

Schwab US Dividend Equity ETF Company Profile

(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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