Schwab US Dividend Equity ETF $SCHD Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 148,934 shares of the company’s stock after acquiring an additional 19,082 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,569,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 52.2% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after buying an additional 3,170,728 shares in the last quarter. Paradiem LLC acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at about $56,258,000. Cibc World Market Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 31.8% during the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares in the last quarter. Keudell Morrison Wealth Management bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at about $43,773,000. Finally, Baer Investment Advisory LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $46,847,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $33.83 on Thursday. The company’s 50 day simple moving average is $32.47 and its 200 day simple moving average is $31.39. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $34.24. The company has a market capitalization of $104.48 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.