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

by · The Cerbat Gem

Waverly Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 17.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,043,019 shares of the company’s stock after acquiring an additional 296,601 shares during the period. Waverly Advisors LLC owned approximately 0.07% of Schwab US Dividend Equity ETF worth $64,784,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after acquiring an additional 51,696 shares during the last quarter. Bison Wealth LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 234.4% during the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after acquiring an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after acquiring an additional 155,769 shares in the last quarter. Finally, United Bank increased its stake in Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after acquiring an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD stock traded down $0.39 during mid-day trading on Tuesday, hitting $34.41. 31,805,522 shares of the stock were exchanged, compared to its average volume of 22,420,320. The stock has a market capitalization of $106.91 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business has a fifty day moving average price of $33.69 and a 200 day moving average price of $32.28. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

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