Evergreen Wealth Management LLC Buys 30,810 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evergreen Wealth Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 180.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,866 shares of the company’s stock after buying an additional 30,810 shares during the quarter. Evergreen Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,308,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Cutler Investment Counsel LLC raised its position in shares of Schwab US Dividend Equity ETF by 218.2% during the 4th quarter. Cutler Investment Counsel LLC now owns 168,100 shares of the company’s stock valued at $4,592,000 after buying an additional 115,268 shares in the last quarter. Human Investing LLC purchased a new stake in Schwab US Dividend Equity ETF in the 4th quarter worth about $33,000. Sanctuary Advisors LLC raised its position in Schwab US Dividend Equity ETF by 1.3% in the 4th quarter. Sanctuary Advisors LLC now owns 924,802 shares of the company’s stock worth $25,876,000 after purchasing an additional 12,213 shares during the period. Nicholas Hoffman & Company LLC. raised its position in Schwab US Dividend Equity ETF by 210.7% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 24,352 shares of the company’s stock worth $665,000 after purchasing an additional 16,515 shares during the period. Finally, Strategic Advisors LLC raised its position in Schwab US Dividend Equity ETF by 113.1% in the 4th quarter. Strategic Advisors LLC now owns 14,572 shares of the company’s stock worth $398,000 after purchasing an additional 7,734 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.79 on Monday. The firm has a market capitalization of $19.49 billion, a P/E ratio of 15.04 and a beta of 0.74. The company’s 50-day moving average is $27.72 and its 200 day moving average is $28.00. Schwab US Dividend Equity ETF has a 1-year low of $25.18 and a 1-year high of $29.72.

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.