Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stake Lifted by Meadow Creek Wealth Advisors LLC

Meadow Creek Wealth Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,005 shares of the company’s stock after purchasing an additional 6,670 shares during the period. Meadow Creek Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $273,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Schwab US Dividend Equity ETF by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after acquiring an additional 104,855 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $163,000. Synovus Financial Corp lifted its stake in Schwab US Dividend Equity ETF by 148.1% during the third quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after purchasing an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock worth $3,256,000 after buying an additional 428 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.7 %

Shares of NYSEARCA SCHD opened at $27.95 on Thursday. The stock’s fifty day simple moving average is $27.95 and its 200 day simple moving average is $27.97. The stock has a market capitalization of $19.61 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72.

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.