CRA Financial Services LLC Has $32.23 Million Holdings in Schwab US Dividend Equity ETF $SCHD

CRA Financial Services LLC lowered its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,175,074 shares of the company’s stock after selling 34,399 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 4.2% of CRA Financial Services LLC’s holdings, making the stock its 3rd largest holding. CRA Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $32,232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHD. First Command Advisory Services Inc. boosted its stake in Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock worth $30,222,000 after acquiring an additional 77,785 shares during the last quarter. BG Investment Services Inc. raised its holdings in Schwab US Dividend Equity ETF by 82.8% in the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after purchasing an additional 28,109 shares during the period. DMKC Advisory Services LLC boosted its position in shares of Schwab US Dividend Equity ETF by 10.6% during the third quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after purchasing an additional 20,989 shares in the last quarter. Insight Inv LLC bought a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth $682,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 2.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after buying an additional 95,857 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.6%

SCHD opened at $30.51 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The company has a fifty day simple moving average of $30.84 and a 200 day simple moving average of $28.61. The stock has a market cap of $80.25 billion, a P/E 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.