Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Position Boosted by Evergreen Advisors LLC

Evergreen Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,445,156 shares of the company’s stock after acquiring an additional 982,057 shares during the quarter. Schwab US Dividend Equity ETF makes up 10.8% of Evergreen Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Evergreen Advisors LLC owned 0.21% of Schwab US Dividend Equity ETF worth $39,482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $31,000. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Cassady Schiller Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $38,000. Phillips Financial Management LLC grew its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares in the last quarter. Finally, Hobbs Group Advisors LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $68,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD opened at $28.54 on Friday. The stock has a market cap of $69.92 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. The business has a 50 day simple moving average of $27.78 and a 200 day simple moving average of $28.09. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

Schwab US Dividend Equity ETF 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.