CRA Financial Services LLC Has $26.09 Million Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

CRA Financial Services LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 323,623 shares of the company’s stock after purchasing an additional 23,127 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 5.7% of CRA Financial Services LLC’s holdings, making the stock its 2nd biggest holding. CRA Financial Services LLC’s holdings in Schwab US Dividend Equity ETF were worth $26,094,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vicus Capital boosted its stake in Schwab US Dividend Equity ETF by 9.5% in the first quarter. Vicus Capital now owns 10,915 shares of the company’s stock worth $880,000 after purchasing an additional 949 shares in the last quarter. Private Ocean LLC lifted its position in Schwab US Dividend Equity ETF by 29.2% during the 1st quarter. Private Ocean LLC now owns 33,296 shares of the company’s stock worth $2,685,000 after buying an additional 7,531 shares in the last quarter. Trinity Financial Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 11.3% during the 1st quarter. Trinity Financial Advisors LLC now owns 123,503 shares of the company’s stock worth $9,958,000 after acquiring an additional 12,491 shares during the last quarter. Grimes & Company Inc. increased its position in Schwab US Dividend Equity ETF by 5.7% in the 1st quarter. Grimes & Company Inc. now owns 3,408 shares of the company’s stock valued at $275,000 after acquiring an additional 183 shares in the last quarter. Finally, Noble Family Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 2.8% in the first quarter. Noble Family Wealth LLC now owns 347,666 shares of the company’s stock worth $28,032,000 after acquiring an additional 9,322 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock traded up $0.49 during trading hours on Friday, reaching $77.76. 3,536,614 shares of the company were exchanged, compared to its average volume of 3,305,000. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82. The stock’s fifty day moving average is $78.12 and its two-hundred day moving average is $77.60. The company has a market cap of $54.55 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.