Crews Bank & Trust Takes Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Crews Bank & Trust acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 10,213 shares of the company’s stock, valued at approximately $279,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sage Financial Management Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 223.3% in the 4th quarter. Sage Financial Management Group Inc. now owns 278,080 shares of the company’s stock valued at $7,597,000 after purchasing an additional 192,071 shares in the last quarter. Sage Financial Group Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 197.1% in the 4th quarter. Sage Financial Group Inc. now owns 29,979 shares of the company’s stock valued at $819,000 after purchasing an additional 19,887 shares in the last quarter. Capital Investment Advisory Services LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 189.7% in the 4th quarter. Capital Investment Advisory Services LLC now owns 117,791 shares of the company’s stock valued at $3,218,000 after purchasing an additional 77,137 shares in the last quarter. Coston McIsaac & Partners lifted its position in Schwab US Dividend Equity ETF by 202.1% during the 4th quarter. Coston McIsaac & Partners now owns 9,006 shares of the company’s stock worth $245,000 after acquiring an additional 6,025 shares in the last quarter. Finally, Gries Financial LLC lifted its position in Schwab US Dividend Equity ETF by 189.1% during the 4th quarter. Gries Financial LLC now owns 40,692 shares of the company’s stock worth $1,112,000 after acquiring an additional 26,619 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.98 on Friday. The stock’s 50 day moving average price is $28.07 and its 200 day moving average price is $27.94. The firm has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72.

About Schwab US Dividend Equity ETF

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.