Everest Financial Group LLC Sells 140,073 Shares of Schwab US Dividend Equity ETF $SCHD

Everest Financial Group LLC lowered its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.3% in the first quarter, Holdings Channel reports. The firm owned 720,195 shares of the company’s stock after selling 140,073 shares during the period. Schwab US Dividend Equity ETF makes up about 3.6% of Everest Financial Group LLC’s investment portfolio, making the stock its 6th biggest position. Everest Financial Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $22,095,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FreeGulliver LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth $352,000. Bradley Foster & Sargent Inc. CT boosted its position in Schwab US Dividend Equity ETF by 40.1% during the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 73,728 shares of the company’s stock worth $2,262,000 after purchasing an additional 21,109 shares during the period. Waverly Advisors LLC boosted its position in Schwab US Dividend Equity ETF by 4.3% during the 1st quarter. Waverly Advisors LLC now owns 1,746,418 shares of the company’s stock worth $53,580,000 after purchasing an additional 71,535 shares during the period. Vivaldi Capital Management LP increased its holdings in Schwab US Dividend Equity ETF by 105.1% in the 1st quarter. Vivaldi Capital Management LP now owns 28,341 shares of the company’s stock valued at $870,000 after purchasing an additional 14,521 shares in the last quarter. Finally, Hilltop Holdings Inc. raised its position in Schwab US Dividend Equity ETF by 3.7% in the first quarter. Hilltop Holdings Inc. now owns 88,697 shares of the company’s stock valued at $2,721,000 after purchasing an additional 3,204 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $33.29 on Friday. The stock’s 50-day moving average is $32.38 and its two-hundred day moving average is $31.24. The stock has a market cap of $102.06 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.21 and a 12 month high of $33.50.

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.