Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Crescent Sterling Ltd.

Crescent Sterling Ltd. raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 72,339 shares of the company’s stock after acquiring an additional 1,730 shares during the period. Schwab US Dividend Equity ETF comprises about 5.3% of Crescent Sterling Ltd.’s investment portfolio, making the stock its largest holding. Crescent Sterling Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $5,833,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. National Bank of Canada FI increased its holdings in shares of Schwab US Dividend Equity ETF by 78.8% in the third quarter. National Bank of Canada FI now owns 1,427 shares of the company’s stock valued at $100,000 after purchasing an additional 629 shares in the last quarter. Ropes Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 51.0% in the third quarter. Ropes Wealth Advisors LLC now owns 6,104 shares of the company’s stock valued at $432,000 after purchasing an additional 2,061 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 5.7% in the third quarter. Walkner Condon Financial Advisors LLC now owns 8,420 shares of the company’s stock valued at $596,000 after purchasing an additional 453 shares in the last quarter. MCF Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 256.5% in the third quarter. MCF Advisors LLC now owns 1,198 shares of the company’s stock valued at $85,000 after purchasing an additional 862 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 29.9% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 62,825 shares of the company’s stock valued at $4,445,000 after purchasing an additional 14,462 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.3 %

Shares of Schwab US Dividend Equity ETF stock traded down $0.98 during midday trading on Tuesday, reaching $76.94. The company had a trading volume of 2,423,490 shares, compared to its average volume of 3,594,438. The company has a market capitalization of $53.82 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The stock has a fifty day simple moving average of $78.32 and a 200 day simple moving average of $75.35. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

Schwab US Dividend Equity ETF 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.