Centerpoint Advisory Group Purchases New Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Centerpoint Advisory Group acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, HoldingsChannel reports. The fund acquired 13,125 shares of the company’s stock, valued at approximately $359,000.

Several other large investors also recently made changes to their positions in SCHD. Alpha Financial Partners LLC purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $1,283,000. Creative Planning raised its holdings in shares of Schwab US Dividend Equity ETF by 1.9% during the 3rd quarter. Creative Planning now owns 1,341,298 shares of the company’s stock valued at $113,380,000 after buying an additional 24,491 shares during the period. Orgel Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 4,257,335 shares of the company’s stock worth $359,873,000 after acquiring an additional 70,852 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in Schwab US Dividend Equity ETF by 59.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 341,754 shares of the company’s stock worth $28,888,000 after acquiring an additional 126,919 shares during the period. Finally, Stratos Wealth Advisors LLC grew its position in Schwab US Dividend Equity ETF by 6.2% in the third quarter. Stratos Wealth Advisors LLC now owns 54,011 shares of the company’s stock valued at $4,566,000 after acquiring an additional 3,140 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD opened at $27.79 on Friday. The firm has a market capitalization of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average is $27.72 and its 200-day moving average is $28.00. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72.

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.