Evolution Advisers Inc. Buys New Shares in Schwab US Dividend Equity ETF $SCHD

Evolution Advisers Inc. bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, HoldingsChannel reports. The firm bought 19,276 shares of the company’s stock, valued at approximately $650,000.

Several other hedge funds have also modified their holdings of the business. Byrne Asset Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new position in Schwab US Dividend Equity ETF during the second quarter worth $27,000. Livelsberger Financial Advisory purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth $28,000. Silver Grove Financial Group Inc. raised its position in Schwab US Dividend Equity ETF by 259.8% in the third quarter. Silver Grove Financial Group Inc. now owns 957 shares of the company’s stock worth $31,000 after acquiring an additional 691 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in Schwab US Dividend Equity ETF in the first quarter worth $32,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $35.93 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.60 and a one year high of $36.38. The business has a fifty day moving average of $34.27 and a two-hundred day moving average of $32.63. The company has a market cap of $122.26 billion, a P/E ratio of 19.09 and a beta of 0.66.

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.