EverSource Wealth Advisors LLC Grows Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

EverSource Wealth Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,336 shares of the company’s stock after buying an additional 8,119 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 0.4% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 9,721,361 shares of the company’s stock worth $783,833,000 after buying an additional 40,493 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 4.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,775,195 shares of the company’s stock worth $626,914,000 after acquiring an additional 299,496 shares during the last quarter. Sumitomo Life Insurance Co. raised its position in shares of Schwab US Dividend Equity ETF by 110.7% during the 1st quarter. Sumitomo Life Insurance Co. now owns 6,320,000 shares of the company’s stock valued at $471,352,000 after purchasing an additional 3,320,000 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of Schwab US Dividend Equity ETF by 11.8% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 5,712,485 shares of the company’s stock valued at $460,598,000 after purchasing an additional 604,844 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in shares of Schwab US Dividend Equity ETF by 7.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,444,733 shares of the company’s stock valued at $358,379,000 after purchasing an additional 292,782 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.2 %

NYSEARCA SCHD traded down $0.96 on Friday, reaching $80.80. The company had a trading volume of 3,486,897 shares, compared to its average volume of 3,273,164. The stock has a market capitalization of $56.68 billion, a PE ratio of 15.04 and a beta of 0.74. The firm’s 50 day moving average price is $78.85 and its 200 day moving average price is $78.28. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $83.19.

About Schwab US Dividend Equity ETF

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.