Envestnet Portfolio Solutions Inc. Sells 1,473 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Envestnet Portfolio Solutions Inc. cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,461 shares of the company’s stock after selling 1,473 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Schwab US Dividend Equity ETF were worth $7,697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Whitaker Myers Wealth Managers LTD. raised its holdings in Schwab US Dividend Equity ETF by 12.3% in the 4th quarter. Whitaker Myers Wealth Managers LTD. now owns 203,264 shares of the company’s stock valued at $15,475,000 after acquiring an additional 22,221 shares during the period. Traynor Capital Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 53.6% during the first quarter. Traynor Capital Management Inc. now owns 6,140 shares of the company’s stock worth $495,000 after purchasing an additional 2,142 shares during the period. Apexium Financial LP boosted its stake in Schwab US Dividend Equity ETF by 27.0% in the 4th quarter. Apexium Financial LP now owns 287,086 shares of the company’s stock valued at $21,856,000 after purchasing an additional 60,972 shares during the period. Procyon Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 9.9% in the 4th quarter. Procyon Advisors LLC now owns 4,440 shares of the company’s stock valued at $338,000 after buying an additional 401 shares in the last quarter. Finally, Commerce Bank increased its position in Schwab US Dividend Equity ETF by 34.8% during the 4th quarter. Commerce Bank now owns 37,334 shares of the company’s stock worth $2,842,000 after buying an additional 9,636 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.0 %

Shares of Schwab US Dividend Equity ETF stock traded up $0.76 during trading on Friday, reaching $79.58. The company’s stock had a trading volume of 3,219,446 shares, compared to its average volume of 3,296,988. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The firm has a market cap of $55.83 billion, a PE ratio of 15.04 and a beta of 0.74. The business’s 50-day moving average price is $78.12 and its 200-day moving average price is $77.72.

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.