Creative Financial Designs Inc. ADV Acquires 54,347 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Creative Financial Designs Inc. ADV grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 224.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,581 shares of the company’s stock after purchasing an additional 54,347 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Schwab US Dividend Equity ETF were worth $2,147,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHD. Raymond James Financial Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $592,939,000. Sumitomo Life Insurance Co. grew its position in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the last quarter. Avantax Advisory Services Inc. grew its position in shares of Schwab US Dividend Equity ETF by 205.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after buying an additional 17,501,170 shares during the last quarter. Wealthspire Advisors LLC grew its position in shares of Schwab US Dividend Equity ETF by 195.8% in the 4th quarter. Wealthspire Advisors LLC now owns 15,144,112 shares of the company’s stock worth $413,737,000 after buying an additional 10,024,156 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Schwab US Dividend Equity ETF by 206.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 13,130,560 shares of the company’s stock worth $358,727,000 after buying an additional 8,848,668 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of Schwab US Dividend Equity ETF stock opened at $27.96 on Tuesday. The firm’s 50 day moving average price is $27.90 and its 200-day moving average price is $28.13. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The company has a market cap of $69.34 billion, a P/E ratio of 17.56 and a beta of 0.86.

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.