Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Paces Ferry Wealth Advisors LLC’s 10th Largest Position

Paces Ferry Wealth Advisors LLC grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 19.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,790 shares of the company’s stock after purchasing an additional 8,649 shares during the period. Schwab US Dividend Equity ETF makes up 2.8% of Paces Ferry Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Paces Ferry Wealth Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,095,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SCHD. LPL Financial LLC increased its stake in shares of Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after acquiring an additional 503,970 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 3.7% in the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 2.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after acquiring an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 1.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock worth $367,142,000 after acquiring an additional 96,234 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Schwab US Dividend Equity ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 4,349,008 shares of the company’s stock worth $307,736,000 after acquiring an additional 95,086 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded down $0.98 during mid-day trading on Tuesday, reaching $76.94. The company had a trading volume of 2,423,490 shares, compared to its average volume of 3,594,438. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The stock has a market capitalization of $53.82 billion, a PE ratio of 14.82 and a beta of 0.77. The stock’s 50 day moving average is $78.32 and its 200-day moving average is $75.35.

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.