Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by Crescent Sterling Ltd.

Crescent Sterling Ltd. raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,339 shares of the company’s stock after purchasing an additional 1,730 shares during the quarter. Schwab US Dividend Equity ETF comprises about 5.3% of Crescent Sterling Ltd.’s investment portfolio, making the stock its biggest position. Crescent Sterling Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $5,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares in the last quarter. Charles Schwab Investment Advisory Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 9,680,868 shares of the company’s stock valued at $737,004,000 after acquiring an additional 45,013 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 3.7% during the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock valued at $527,798,000 after acquiring an additional 266,516 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 2.6% during the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock valued at $408,896,000 after acquiring an additional 145,168 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 1.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock valued at $367,142,000 after acquiring an additional 96,234 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD traded down $0.98 during mid-day trading on Tuesday, reaching $76.94. The stock 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. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82. The stock’s 50 day simple moving average is $78.32 and its two-hundred day simple moving average is $75.35.

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.