Schwab US Dividend Equity ETF $SCHD Shares Sold by Everest Financial Group LLC

Everest Financial Group LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 607,438 shares of the company’s stock after selling 29,562 shares during the quarter. Schwab US Dividend Equity ETF accounts for 2.3% of Everest Financial Group LLC’s investment portfolio, making the stock its 14th biggest position. Everest Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,760,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in SCHD. CENTRAL TRUST Co bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $27,323,000. Fifth Third Bancorp raised its holdings in shares of Schwab US Dividend Equity ETF by 0.8% during the 3rd quarter. Fifth Third Bancorp now owns 2,786,639 shares of the company’s stock valued at $90,649,000 after buying an additional 22,638 shares in the last quarter. King Luther Capital Management Corp bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $3,289,000. Winthrop Capital Management LLC lifted its position in Schwab US Dividend Equity ETF by 1.7% in the 3rd quarter. Winthrop Capital Management LLC now owns 428,312 shares of the company’s stock worth $13,933,000 after buying an additional 7,231 shares during the last quarter. Finally, Advisor Resource Council boosted its stake in Schwab US Dividend Equity ETF by 1.3% in the third quarter. Advisor Resource Council now owns 25,529 shares of the company’s stock worth $835,000 after buying an additional 331 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $35.93 on Friday. The stock has a market capitalization of $122.26 billion, a P/E ratio of 19.09 and a beta of 0.66. Schwab US Dividend Equity ETF has a one year low of $26.60 and a one year high of $36.38. The firm’s 50 day simple moving average is $34.27 and its two-hundred day simple moving average is $32.63.

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.