EverSource Wealth Advisors LLC Cuts Stock Holdings in Schwab US Dividend Equity ETF $SCHD

EverSource Wealth Advisors LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 129,852 shares of the company’s stock after selling 26,815 shares during the period. EverSource Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,562,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Daviman Financial LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $268,000. Lloyd Advisory Services LLC. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $109,000. Karras Company Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $8,273,000. Advisory Alpha LLC boosted its position in shares of Schwab US Dividend Equity ETF by 0.5% during the fourth quarter. Advisory Alpha LLC now owns 623,081 shares of the company’s stock valued at $17,091,000 after buying an additional 3,252 shares during the last quarter. Finally, Insight Inv LLC boosted its position in shares of Schwab US Dividend Equity ETF by 29.1% during the fourth quarter. Insight Inv LLC now owns 32,229 shares of the company’s stock valued at $884,000 after buying an additional 7,255 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.8%

Shares of NYSEARCA:SCHD opened at $32.83 on Friday. The stock has a market cap of $93.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $25.69 and a 12-month high of $32.88. The business’s 50 day moving average is $31.13 and its 200 day moving average is $29.65.

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.