Crescent Grove Advisors LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Crescent Grove Advisors LLC raised its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 201.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,781 shares of the company’s stock after acquiring an additional 7,209 shares during the period. Crescent Grove Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $295,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth about $26,000. IFS Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 184.4% in the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Finally, Olistico Wealth LLC lifted its position in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of NYSEARCA:SCHD opened at $28.07 on Monday. The company has a market capitalization of $19.69 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The company has a 50 day moving average of $28.10 and a two-hundred day moving average of $27.92. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72.

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.