Investors Buy High Volume of Put Options on Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) was the target of unusually large options trading on Thursday. Stock investors acquired 9,781 put options on the stock. This is an increase of approximately 22% compared to the typical volume of 7,999 put options.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $33.99 on Friday. The company’s fifty day moving average price is $33.82 and its 200-day moving average price is $32.33. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31. The firm has a market capitalization of $105.60 billion, a PE ratio of 14.57 and a beta of 0.68.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in shares of 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 worth $14,369,000 after acquiring an additional 82,981 shares in the last quarter. Intrua Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 34.3% in the fourth quarter. Intrua Financial LLC now owns 248,518 shares of the company’s stock valued at $6,817,000 after purchasing an additional 63,516 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Schwab US Dividend Equity ETF by 351,462.5% during the fourth quarter. BNP Paribas Financial Markets now owns 337,500 shares of the company’s stock valued at $9,258,000 after purchasing an additional 337,404 shares in the last quarter. HB Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 8.4% during the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after purchasing an additional 137,402 shares during the last quarter. Finally, Coastwise Capital Group LLC boosted its holdings in Schwab US Dividend Equity ETF by 4.1% during the fourth quarter. Coastwise Capital Group LLC now owns 451,277 shares of the company’s stock worth $12,379,000 after purchasing an additional 17,768 shares during the last quarter.

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.