Eudaimonia Advisors LLC Sells 3,940 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Eudaimonia Advisors LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.7% during the fourth quarter, HoldingsChannel reports. The firm owned 102,180 shares of the company’s stock after selling 3,940 shares during the quarter. Schwab US Dividend Equity ETF makes up about 5.0% of Eudaimonia Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Eudaimonia Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,779,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC boosted its holdings in Schwab US Dividend Equity ETF by 4.7% during the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after buying an additional 503,970 shares in the last quarter. Avantax Advisory Services Inc. raised its position 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 valued at $527,798,000 after buying an additional 266,516 shares during the last quarter. Envestnet Asset Management Inc. raised its position 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 valued at $408,896,000 after buying an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position 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 valued at $367,142,000 after buying an additional 96,234 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of Schwab US Dividend Equity ETF by 8.6% in the third quarter. Commonwealth Equity Services LLC now owns 4,422,807 shares of the company’s stock valued at $312,958,000 after buying an additional 348,710 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHD traded up $0.48 during mid-day trading on Tuesday, reaching $77.72. The company’s stock had a trading volume of 2,505,684 shares, compared to its average volume of 3,649,406. The stock has a 50-day moving average of $78.22 and a two-hundred day moving average of $75.05. The stock has a market capitalization of $54.46 billion, a P/E ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 1-year low of $66.67 and a 1-year high of $80.82.

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.