Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Crew Capital Management Ltd.

Crew Capital Management Ltd. grew its holdings in Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 51,236 shares of the company’s stock after buying an additional 2,622 shares during the quarter. Schwab U.S. Dividend Equity ETF comprises approximately 4.0% of Crew Capital Management Ltd.’s portfolio, making the stock its 9th largest holding. Crew Capital Management Ltd.’s holdings in Schwab U.S. Dividend Equity ETF were worth $3,901,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Eagle Ridge Investment Management boosted its holdings in Schwab U.S. Dividend Equity ETF by 5.1% in the fourth quarter. Eagle Ridge Investment Management now owns 38,611 shares of the company’s stock valued at $2,939,000 after acquiring an additional 1,876 shares during the last quarter. Choreo LLC boosted its holdings in Schwab U.S. Dividend Equity ETF by 25.9% in the fourth quarter. Choreo LLC now owns 78,020 shares of the company’s stock valued at $5,940,000 after acquiring an additional 16,066 shares during the last quarter. Mather Group LLC. bought a new position in Schwab U.S. Dividend Equity ETF in the fourth quarter valued at about $239,000. Bridgewealth Advisory Group LLC boosted its holdings in Schwab U.S. Dividend Equity ETF by 155.6% in the fourth quarter. Bridgewealth Advisory Group LLC now owns 46,768 shares of the company’s stock valued at $3,560,000 after acquiring an additional 28,473 shares during the last quarter. Finally, Del Sette Capital Management LLC bought a new position in Schwab U.S. Dividend Equity ETF in the fourth quarter valued at about $477,000.

Schwab U.S. Dividend Equity ETF Stock Performance

SCHD traded up $0.44 during midday trading on Monday, reaching $77.92. 2,477,748 shares of the company were exchanged, compared to its average volume of 3,608,727. Schwab U.S. Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The stock has a market capitalization of $54.51 billion, a P/E ratio of 14.82 and a beta of 0.77. The stock’s 50-day simple moving average is $78.31 and its 200 day simple moving average is $75.26.

Schwab U.S. 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.