Schwab US Dividend Equity ETF Experiences Elevated Options Activity

The Schwab US Dividend Equity ETF (NYSEARCA:SCHD) has recently seen a notable surge in options trading activity. On Monday, investors purchased 3,146 call options associated with the ETF. This figure represents a significant increase of approximately 49% over the usual daily volume of around 2,106 call options.

Changes in Institutional Investment Positions

In recent developments, several institutional investors have adjusted their holdings in the Schwab US Dividend Equity ETF. Traynor Capital Management Inc. increased its position by 53.6% during the first quarter, now owning 6,140 shares with a valuation of $495,000 after buying an additional 2,142 shares last quarter. Another investor, Concurrent Investment Advisors LLC, made a substantial increase of 332.8% in the same period, owning 19,005 shares valued at $1,532,000 after purchasing 14,614 additional shares.

Tidal Investments LLC also acquired a new stake in the Schwab US Dividend Equity ETF, valued at $310,000. Meanwhile, O Shaughnessy Asset Management LLC significantly raised its stake by 576.5%, now possessing 11,859 shares worth $956,000 after purchasing an additional 10,106 shares. Lastly, Chapin Davis Inc. increased its stake by 18.2%, now holding 7,474 shares valued at $603,000 after acquiring an additional 1,151 shares.

Price Performance of Schwab US Dividend Equity ETF

As of Wednesday, shares of the Schwab US Dividend Equity ETF opened at $28.55. The ETF has a 50-day moving average price of $79.93 and a 200-day moving average price of $79.08. With a market capitalization of $20.03 billion, the ETF exhibits a price-to-earnings ratio of 15.04 and a beta of 0.74. Over the past year, the stock has recorded a low of $22.22 and a high of $28.86.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is designed to track the Dow Jones U.S. Dividend 100 index, which comprises 100 U.S. equities that pay dividends, weighted by market capitalization. Launched on October 20, 2011, this ETF is managed by Schwab and aims to provide investors with exposure to companies that consistently distribute dividends.

Insights and Recommendations

• Alternative stock opportunities beyond Schwab US Dividend Equity ETF
• Advice on investing in small-cap stocks
• Recent earnings results from Goldman Sachs and their implications for the market
• Understanding the dynamics of insider selling and its impact on investments
• AMD's growth linked to AI advancements and future expectations
• The benefits of investing in high-yield dividend stocks
• Exploration of two lithium stocks that could become takeover targets

Stay Updated: Subscribe for daily news and ratings opinions about Schwab US Dividend Equity ETF and other related companies through a concise email newsletter.

ETF, Options, Investing