Evolution Wealth Advisors LLC Sells 884 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evolution Wealth Advisors LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 62,170 shares of the company’s stock after selling 884 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.0% of Evolution Wealth Advisors LLC’s holdings, making the stock its 26th biggest holding. Evolution Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. O Shaughnessy Asset Management LLC increased its position in Schwab US Dividend Equity ETF by 115.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the last quarter. Raleigh Capital Management Inc. acquired a new position in Schwab US Dividend Equity ETF during the third quarter worth approximately $28,000. Bear Mountain Capital Inc. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $34,000. Howe & Rusling Inc. increased its position in Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after buying an additional 344 shares during the last quarter. Finally, BlackRock Inc. increased its position in Schwab US Dividend Equity ETF by 464.5% during the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock worth $38,000 after buying an additional 432 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 1.1 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.84 on Friday, hitting $76.65. The stock had a trading volume of 3,401,817 shares, compared to its average volume of 3,671,898. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The business’s 50 day moving average is $78.22 and its two-hundred day moving average is $74.87. The stock has a market cap of $53.71 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

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.