Creekmur Asset Management LLC Buys New Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Creekmur Asset Management LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 202,472 shares of the company’s stock, valued at approximately $15,414,000. Schwab US Dividend Equity ETF accounts for 4.8% of Creekmur Asset Management LLC’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $128,000. Scarborough Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at $81,000. Centaurus Financial Inc. raised its stake in Schwab US Dividend Equity ETF by 3.4% in the fourth quarter. Centaurus Financial Inc. now owns 53,160 shares of the company’s stock valued at $4,047,000 after buying an additional 1,759 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 31,050 shares of the company’s stock worth $2,372,000 after purchasing an additional 1,231 shares in the last quarter. Finally, American Trust increased its position in shares of Schwab US Dividend Equity ETF by 5.9% during the fourth quarter. American Trust now owns 495,321 shares of the company’s stock worth $37,709,000 after purchasing an additional 27,551 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded down $0.32 during midday trading on Friday, reaching $76.79. 3,159,241 shares of the stock were exchanged, compared to its average volume of 3,336,125. The business’s 50-day moving average price is $77.98 and its 200 day moving average price is $77.24. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The company has a market capitalization of $53.87 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.