839,937 Shares in Schwab US Dividend Equity ETF $SCHD Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the third quarter, Holdings Channel reports. The fund purchased 839,937 shares of the company’s stock, valued at approximately $27,323,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHD. Fifth Third Bancorp boosted its holdings in shares of Schwab US Dividend Equity ETF by 0.8% in the 3rd quarter. Fifth Third Bancorp now owns 2,786,639 shares of the company’s stock worth $90,649,000 after purchasing an additional 22,638 shares in the last quarter. King Luther Capital Management Corp bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $3,289,000. Winthrop Capital Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Winthrop Capital Management LLC now owns 428,312 shares of the company’s stock valued at $13,933,000 after purchasing an additional 7,231 shares during the last quarter. Advisor Resource Council raised its holdings in shares of Schwab US Dividend Equity ETF by 1.3% during the 3rd quarter. Advisor Resource Council now owns 25,529 shares of the company’s stock valued at $835,000 after buying an additional 331 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in shares of Schwab US Dividend Equity ETF by 11.5% during the 3rd quarter. Ritholtz Wealth Management now owns 40,867 shares of the company’s stock valued at $1,329,000 after buying an additional 4,231 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $36.02 on Thursday. The business has a 50 day moving average of $34.25 and a 200 day moving average of $32.59. The company has a market capitalization of $122.56 billion, a price-to-earnings ratio of 19.09 and a beta of 0.66. Schwab US Dividend Equity ETF has a 1-year low of $26.60 and a 1-year high of $36.38.

Schwab US Dividend Equity ETF Company 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.