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

Waverly Advisors LLC grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,746,418 shares of the company’s stock after acquiring an additional 71,535 shares during the quarter. Waverly Advisors LLC owned about 0.06% of Schwab US Dividend Equity ETF worth $53,580,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bell Bank lifted its holdings in shares of Schwab US Dividend Equity ETF by 53.3% in the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after acquiring an additional 36,212 shares during the last quarter. BIP Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at approximately $1,589,000. Aspire Capital Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 2.9% in the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares during the last quarter. Freestone Capital Holdings LLC raised its position in Schwab US Dividend Equity ETF by 62.7% in the fourth quarter. Freestone Capital Holdings LLC now owns 42,792 shares of the company’s stock valued at $1,174,000 after purchasing an additional 16,486 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in Schwab US Dividend Equity ETF by 18.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.5%

NYSEARCA:SCHD opened at $33.29 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $33.50. The stock’s fifty day moving average is $32.38 and its two-hundred day moving average is $31.24. The stock has a market capitalization of $102.06 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.