Certior Financial Group LLC Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Certior Financial Group LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 165,219 shares of the company’s stock, valued at approximately $4,514,000. Schwab US Dividend Equity ETF comprises 3.9% of Certior Financial Group LLC’s holdings, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Sumitomo Mitsui Financial Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 234.8% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 162,888 shares of the company’s stock worth $4,450,000 after buying an additional 114,229 shares during the last quarter. Soundwatch Capital LLC raised its holdings in Schwab US Dividend Equity ETF by 277.2% in the 4th quarter. Soundwatch Capital LLC now owns 35,088 shares of the company’s stock worth $959,000 after acquiring an additional 25,785 shares during the last quarter. Shakespeare Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 208.7% in the 4th quarter. Shakespeare Wealth Management LLC now owns 13,300 shares of the company’s stock valued at $363,000 after acquiring an additional 8,991 shares in the last quarter. Cerity Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 376.0% during the 4th quarter. Cerity Partners LLC now owns 5,635,367 shares of the company’s stock valued at $153,993,000 after purchasing an additional 4,451,417 shares during the last quarter. Finally, Ritter Daniher Financial Advisory LLC DE increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock worth $27,000 after purchasing an additional 650 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $25.28 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $24.49 and a 1 year high of $29.72. The stock’s fifty day moving average price is $27.88 and its 200-day moving average price is $28.11. The company has a market cap of $63.71 billion, a P/E ratio of 17.12 and a beta of 0.86.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.2488 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.