Schwab US Dividend Equity ETF $SCHD Stock Position Increased by Creekmur Asset Management LLC

Creekmur Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 778,249 shares of the company’s stock after acquiring an additional 42,800 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 3.5% of Creekmur Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Creekmur Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $21,246,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCHD. Rakuten Investment Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $1,127,144,000. Sumitomo Life Insurance Co. bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $847,665,000. Avantax Advisory Services Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 2.9% in the second quarter. Avantax Advisory Services Inc. now owns 28,436,927 shares of the company’s stock worth $753,579,000 after purchasing an additional 796,001 shares during the period. Osaic Holdings Inc. boosted its holdings in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after buying an additional 1,217,005 shares during the period. Finally, Avantax Planning Partners Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 3.0% in the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares during the period.

Schwab US Dividend Equity ETF Trading Up 0.8%

Shares of SCHD opened at $31.77 on Friday. The business’s 50 day moving average is $29.60 and its 200 day moving average is $28.09. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.88. The company has a market capitalization of $83.56 billion, a PE ratio of 14.57 and a beta of 0.77.

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.