Evolution Wealth Advisors LLC Buys 136,789 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evolution Wealth Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 209.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,155 shares of the company’s stock after acquiring an additional 136,789 shares during the period. Schwab US Dividend Equity ETF accounts for 0.9% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Evolution Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares in the last quarter. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $26,000. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Finally, Barrett & Company Inc. bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000.

Schwab US Dividend Equity ETF Stock Down 1.1 %

Shares of SCHD opened at $27.92 on Thursday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The business’s fifty day moving average is $28.15 and its 200 day moving average is $27.87. The stock has a market cap of $19.59 billion, a P/E 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.