Kure Advisory LLC Grows Position in Schwab US Dividend Equity ETF $SCHD

Kure Advisory LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 297,636 shares of the company’s stock after buying an additional 19,818 shares during the period. Schwab US Dividend Equity ETF comprises 4.6% of Kure Advisory LLC’s investment portfolio, making the stock its 8th biggest holding. Kure Advisory LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,164,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Rakuten Investment Management Inc. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $847,665,000. Osaic Holdings Inc. grew its position in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock valued at $298,684,000 after acquiring an additional 1,217,005 shares during the period. Avantax Planning Partners Inc. grew its position in shares of Schwab US Dividend Equity ETF by 3.0% during the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after acquiring an additional 280,277 shares during the period. Finally, Cerity Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7%

NYSEARCA:SCHD opened at $30.39 on Friday. The stock has a market capitalization of $79.93 billion, a PE ratio of 14.57 and a beta of 0.77. The firm’s 50 day moving average is $30.57 and its 200 day moving average is $28.45. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95.

Schwab US Dividend Equity ETF Company 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.