Envestnet Portfolio Solutions Inc. Acquires 3,123 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 98,584 shares of the company’s stock after buying an additional 3,123 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,666,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AMG National Trust Bank raised its position in Schwab US Dividend Equity ETF by 0.3% in the fourth quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after purchasing an additional 130 shares during the last quarter. PDS Planning Inc raised its position in Schwab US Dividend Equity ETF by 2.2% in the first quarter. PDS Planning Inc now owns 6,203 shares of the company’s stock valued at $500,000 after purchasing an additional 132 shares during the last quarter. SOA Wealth Advisors LLC. raised its position in Schwab US Dividend Equity ETF by 1.0% in the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock valued at $1,062,000 after purchasing an additional 133 shares during the last quarter. Bogart Wealth LLC raised its position in Schwab US Dividend Equity ETF by 2.9% in the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock valued at $364,000 after purchasing an additional 135 shares during the last quarter. Finally, Resonant Capital Advisors LLC raised its position in Schwab US Dividend Equity ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 3,316 shares of the company’s stock valued at $267,000 after purchasing an additional 135 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1 %

Schwab US Dividend Equity ETF stock traded up $0.10 during trading hours on Wednesday, hitting $80.74. The stock had a trading volume of 2,203,647 shares, compared to its average volume of 3,272,776. The stock has a market cap of $56.64 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $83.19. The business’s 50 day simple moving average is $79.19 and its 200-day simple moving average is $78.49.

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.