Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Reaches New 1-Year High – Still a Buy?

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) reached a new 52-week high during trading on Monday . The company traded as high as $31.94 and last traded at $31.8670, with a volume of 4282368 shares trading hands. The stock had previously closed at $31.77.

Schwab US Dividend Equity ETF Stock Performance

The business’s 50 day moving average price is $29.60 and its 200-day moving average price is $28.10. The firm has a market cap of $83.68 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SCHD. Colorado Capital Management Inc. grew its position in shares of Schwab US Dividend Equity ETF by 0.9% during the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the last quarter. Ellis Investment Partners LLC raised its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Ellis Investment Partners LLC now owns 34,365 shares of the company’s stock valued at $938,000 after acquiring an additional 375 shares in the last quarter. Harbor Group Inc. boosted its position in Schwab US Dividend Equity ETF by 4.8% during the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares during the period. Westside Investment Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 5.6% in the third quarter. Westside Investment Management Inc. now owns 7,204 shares of the company’s stock worth $198,000 after purchasing an additional 383 shares in the last quarter. Finally, International Private Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 3.3% during the fourth quarter. International Private Wealth Advisors LLC now owns 12,398 shares of the company’s stock valued at $340,000 after purchasing an additional 397 shares during the period.

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.