Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Short Interest Up 22.4% in February

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 5,347,724 shares, an increase of 22.4% from the January 29th total of 4,370,714 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 26,696,529 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 26,696,529 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Schwab US Dividend Equity ETF

Several institutional investors have recently added to or reduced their stakes in SCHD. Compass Financial Group Inc. Ohio acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $6,927,000. AG Campbell Advisory LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $141,000. Rehmann Capital Advisory Group raised its stake in Schwab US Dividend Equity ETF by 35.9% during the 4th quarter. Rehmann Capital Advisory Group now owns 16,401 shares of the company’s stock worth $450,000 after acquiring an additional 4,332 shares in the last quarter. SHP Wealth Management purchased a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $864,000. Finally, WMS Group LLC acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at $5,964,000.

Schwab US Dividend Equity ETF Trading Down 0.2%

NYSEARCA:SCHD traded down $0.05 during trading hours on Wednesday, hitting $31.54. The company’s stock had a trading volume of 36,105,985 shares, compared to its average volume of 22,751,629. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95. The stock has a market capitalization of $82.96 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock has a fifty day moving average of $29.84 and a 200-day moving average of $28.18.

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.