Ceera Investments LLC Invests $969,000 in Schwab US Dividend Equity ETF $SCHD

Ceera Investments LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 31,577 shares of the company’s stock, valued at approximately $969,000.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Wells Fargo & Company MN boosted its holdings in Schwab US Dividend Equity ETF by 5.7% during the fourth quarter. Wells Fargo & Company MN now owns 10,203,553 shares of the company’s stock worth $279,883,000 after buying an additional 552,907 shares during the last quarter. Avantax Planning Partners Inc. raised its position in shares of Schwab US Dividend Equity ETF by 3.8% in the 4th quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock valued at $277,214,000 after acquiring an additional 366,548 shares during the period. Cassaday & Co Wealth Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 52.2% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares during the period. Royal Bank of Canada boosted its stake in Schwab US Dividend Equity ETF by 4.0% during the 4th quarter. Royal Bank of Canada now owns 7,995,065 shares of the company’s stock worth $219,304,000 after acquiring an additional 304,047 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock worth $192,634,000 after acquiring an additional 1,694,144 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $32.91 on Friday. The firm has a 50 day moving average price of $32.26 and a 200 day moving average price of $31.06. The stock has a market cap of $100.39 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $33.50.

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.