Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Holdings Decreased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,461 shares of the company’s stock after selling 1,473 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,697,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Whitaker Myers Wealth Managers LTD. lifted its stake in Schwab US Dividend Equity ETF by 12.3% in the fourth quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after buying an additional 22,221 shares during the last quarter. Traynor Capital Management Inc. boosted its stake in Schwab US Dividend Equity ETF by 53.6% during the 1st quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock valued at $495,000 after purchasing an additional 2,142 shares during the period. Apexium Financial LP grew its position in Schwab US Dividend Equity ETF by 27.0% in the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock worth $21,856,000 after purchasing an additional 60,972 shares during the last quarter. Procyon Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 9.9% in the fourth quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock valued at $338,000 after purchasing an additional 401 shares during the period. Finally, Commerce Bank raised its holdings in shares of Schwab US Dividend Equity ETF by 34.8% during the fourth quarter. Commerce Bank now owns 37,334 shares of the company’s stock valued at $2,842,000 after buying an additional 9,636 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock traded up $0.76 on Friday, reaching $79.58. The company’s stock had a trading volume of 3,219,446 shares, compared to its average volume of 3,296,988. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The company has a market capitalization of $55.83 billion, a P/E ratio of 15.04 and a beta of 0.74. The firm has a fifty day moving average of $78.12 and a two-hundred day moving average of $77.72.

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.