Waverly Advisors LLC Boosts Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Waverly Advisors LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,043,019 shares of the company’s stock after buying an additional 296,601 shares during the period. Waverly Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $64,784,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SCHD. Anchor Capital Advisors LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $351,000. MLG Wealth Management DBA Pine Grove Financial Group lifted its position in Schwab US Dividend Equity ETF by 23.1% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 11,699 shares of the company’s stock valued at $371,000 after purchasing an additional 2,192 shares during the last quarter. Range Advisory LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 54.3% during the second quarter. Range Advisory LLC now owns 22,520 shares of the company’s stock valued at $714,000 after purchasing an additional 7,929 shares during the period. Capital & Planning LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 8.3% in the second quarter. Capital & Planning LLC now owns 23,998 shares of the company’s stock worth $761,000 after purchasing an additional 1,848 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 59.3% in the second quarter. Brown Lisle Cummings Inc. now owns 14,555 shares of the company’s stock worth $462,000 after purchasing an additional 5,420 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded down $0.39 during mid-day trading on Tuesday, hitting $34.41. The stock had a trading volume of 31,805,522 shares, compared to its average volume of 22,420,320. The business has a 50 day moving average price of $33.69 and a two-hundred day moving average price of $32.28. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $35.31. The firm has a market cap of $106.91 billion, a P/E ratio of 14.57 and a beta of 0.68.

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.