Schwab US Dividend Equity ETF Sees Unusually Large Options Volume (NYSEARCA:SCHD)

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) was the target of some unusual options trading activity on Friday. Stock traders bought 11,312 call options on the stock. This is an increase of 73% compared to the average volume of 6,550 call options.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bell Bank grew its stake in Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after acquiring an additional 36,212 shares in the last quarter. BIP Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth approximately $1,589,000. Aspire Capital Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after purchasing an additional 30,146 shares in the last quarter. Freestone Capital Holdings LLC boosted its holdings in Schwab US Dividend Equity ETF by 62.7% in the 4th quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock valued at $1,174,000 after purchasing an additional 16,486 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in Schwab US Dividend Equity ETF by 18.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.5%

SCHD opened at $33.29 on Friday. The company has a market capitalization of $102.06 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The firm has a 50-day moving average price of $32.38 and a 200-day moving average price of $31.24. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month 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.