Schwab US Dividend Equity ETF $SCHD Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,746,418 shares of the company’s stock after purchasing an additional 71,535 shares during the period. Waverly Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $53,580,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Mountain Hill Investment Partners Corp. boosted its position in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at $29,000. Finally, Triumph Capital Management purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at $33,000.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $33.29 on Friday. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $33.50. The stock has a market capitalization of $102.06 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 $32.38 and a 200 day moving average price of $31.24.

Schwab US Dividend Equity ETF 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.