Paces Ferry Wealth Advisors LLC Raises Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Paces Ferry Wealth Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,820 shares of the company’s stock after purchasing an additional 9,184 shares during the quarter. Schwab US Dividend Equity ETF comprises 5.3% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 5th largest holding. Paces Ferry Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHD. BNP Paribas Financial Markets bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $354,000. Brown Advisory Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 0.5% in the fourth quarter. Brown Advisory Inc. now owns 65,073 shares of the company’s stock worth $4,954,000 after purchasing an additional 327 shares during the period. TrinityPoint Wealth LLC lifted its position in shares of Schwab US Dividend Equity ETF by 4.8% during the 4th quarter. TrinityPoint Wealth LLC now owns 244,045 shares of the company’s stock worth $18,579,000 after purchasing an additional 11,267 shares during the last quarter. Balentine LLC boosted its stake in Schwab US Dividend Equity ETF by 326.4% during the 4th quarter. Balentine LLC now owns 4,895 shares of the company’s stock valued at $373,000 after purchasing an additional 3,747 shares during the period. Finally, Trexquant Investment LP grew its holdings in Schwab US Dividend Equity ETF by 39.6% in the 4th quarter. Trexquant Investment LP now owns 10,093 shares of the company’s stock valued at $768,000 after buying an additional 2,863 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0 %

Shares of NYSEARCA SCHD opened at $84.11 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $85.15. The company has a market cap of $59.00 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s 50 day moving average is $81.97 and its two-hundred day moving average is $79.54.

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.