Crews Bank & Trust Has $224,000 Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Crews Bank & Trust cut its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,460 shares of the company’s stock after selling 1,753 shares during the quarter. Crews Bank & Trust’s holdings in Schwab US Dividend Equity ETF were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHD. Principal Financial Group Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $384,000. Allspring Global Investments Holdings LLC grew its position in shares of Schwab US Dividend Equity ETF by 343.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock worth $339,000 after buying an additional 9,382 shares during the period. Elevate Wealth Advisory Inc. grew its position in shares of Schwab US Dividend Equity ETF by 7.4% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 56,983 shares of the company’s stock worth $1,593,000 after buying an additional 3,915 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 1.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,654,619 shares of the company’s stock worth $325,863,000 after buying an additional 182,749 shares during the period. Finally, Schaeffer Financial LLC grew its position in shares of Schwab US Dividend Equity ETF by 3.7% during the 1st quarter. Schaeffer Financial LLC now owns 688,852 shares of the company’s stock worth $19,260,000 after buying an additional 24,751 shares during the period.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $27.41 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $71.87 billion, a PE ratio of 14.57 and a beta of 0.88. The business’s 50-day simple moving average is $27.33 and its 200-day simple moving average is $26.77.

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.