Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC reduced its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 17,965 shares of the company’s stock after selling 345 shares during the period. Evergreen Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,368,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHD. Raleigh Capital Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $28,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF during the fourth quarter worth $32,000. Bear Mountain Capital Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $34,000. Howe & Rusling Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after acquiring an additional 344 shares in the last quarter. Finally, Carmel Capital Partners LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at $39,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $0.70 during midday trading on Friday, reaching $77.97. 2,613,230 shares of the company were exchanged, compared to its average volume of 3,569,934. The firm’s 50-day simple moving average is $78.31 and its 200-day simple moving average is $75.49. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The company has a market capitalization of $54.54 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77.

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.