Evergreen Capital Management LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evergreen Capital Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 147.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,964 shares of the company’s stock after buying an additional 11,311 shares during the period. Evergreen Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $518,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. McIlrath & Eck LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 39.9% during the third quarter. McIlrath & Eck LLC now owns 5,942 shares of the company’s stock worth $502,000 after purchasing an additional 1,695 shares during the period. Tudor Financial Inc. purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $6,313,000. Anchor Investment Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after acquiring an additional 428 shares during the period. World Investment Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 6.8% in the 3rd quarter. World Investment Advisors LLC now owns 72,187 shares of the company’s stock valued at $6,035,000 after acquiring an additional 4,580 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth $163,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $25.42 on Friday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72. The company has a market capitalization of $65.58 billion, a PE ratio of 15.04 and a beta of 0.83. The company has a fifty day moving average of $27.23 and a 200 day moving average of $27.87.

Schwab US Dividend Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a $0.2488 dividend. The ex-dividend date was Wednesday, March 26th.

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.