Evergreen Advisors LLC Has $39.48 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Evergreen Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 212.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,445,156 shares of the company’s stock after acquiring an additional 982,057 shares during the period. Schwab US Dividend Equity ETF comprises about 10.8% of Evergreen Advisors LLC’s holdings, making the stock its 4th biggest position. Evergreen Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $39,482,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP bought a new stake in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC boosted its position in Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares during the period. IFS Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares during the period. Finally, Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth approximately $31,000.

Schwab US Dividend Equity ETF Stock Up 1.3 %

Shares of Schwab US Dividend Equity ETF stock opened at $28.54 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $25.18 and a 12-month high of $29.72. The stock has a market capitalization of $69.92 billion, a P/E ratio of 17.48 and a beta of 0.88. The stock has a 50 day moving average price of $27.78 and a two-hundred day moving average price of $28.09.

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.