Evergreen Advisors LLC Increases Position in Schwab US Dividend Equity ETF $SCHD

Evergreen Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,551,080 shares of the company’s stock after purchasing an additional 33,402 shares during the period. Schwab US Dividend Equity ETF makes up about 11.2% of Evergreen Advisors LLC’s holdings, making the stock its 4th biggest position. Evergreen Advisors LLC owned 0.05% of Schwab US Dividend Equity ETF worth $47,587,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. MeadowBrook Investment Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after buying an additional 325 shares during the period. Semus Wealth Partners LLC grew its position in shares of Schwab US Dividend Equity ETF by 0.7% during the 1st quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock worth $1,574,000 after buying an additional 347 shares during the period. Harmony Asset Management LLC increased its stake in shares of Schwab US Dividend Equity ETF by 3.8% in the 1st quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock valued at $294,000 after acquiring an additional 354 shares in the last quarter. Colorado Capital Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 0.9% in the 4th quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after acquiring an additional 362 shares in the last quarter. Finally, First Pacific Financial lifted its position in shares of Schwab US Dividend Equity ETF by 8.9% during the 1st quarter. First Pacific Financial now owns 4,681 shares of the company’s stock valued at $144,000 after acquiring an additional 383 shares during the period.

Schwab US Dividend Equity ETF Stock Up 0.4%

Shares of NYSEARCA SCHD opened at $32.34 on Thursday. The firm has a market cap of $98.42 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92. The company’s fifty day simple moving average is $32.20 and its 200 day simple moving average is $31.01.

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.