Red Crane Wealth Management LLC Has $685,000 Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Red Crane Wealth Management LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.3% during the 2nd quarter, Holdings Channel reports. The firm owned 25,853 shares of the company’s stock after selling 3,967 shares during the quarter. Red Crane Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $685,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MOKAN Wealth Management Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.9% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at $384,000. Allspring Global Investments Holdings LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 343.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after purchasing an additional 9,382 shares in the last quarter. Elevate Wealth Advisory Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 7.4% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,915 shares in the last quarter. Finally, Schaeffer Financial LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 3.7% in the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock valued at $19,260,000 after purchasing an additional 24,751 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $26.99 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The company’s fifty day moving average is $27.35 and its 200-day moving average is $26.71. The company has a market capitalization of $70.11 billion, a PE ratio of 14.57 and a beta of 0.88.

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.