Hudock Inc. Grows Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hudock Inc. lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,079,201 shares of the company’s stock after purchasing an additional 718,511 shares during the quarter. Schwab US Dividend Equity ETF comprises 5.1% of Hudock Inc.’s investment portfolio, making the stock its 5th biggest holding. Hudock Inc. owned approximately 0.15% of Schwab US Dividend Equity ETF worth $29,484,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SCHD. Kennebec Savings Bank bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $31,000. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Barrett & Company Inc. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $38,000. Finally, Phillips Financial Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 144.8% in the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.8 %

Schwab US Dividend Equity ETF stock opened at $27.65 on Thursday. The business’s fifty day simple moving average is $27.79 and its two-hundred day simple moving average is $28.00. Schwab US Dividend Equity ETF has a 12 month low of $25.16 and a 12 month high of $29.72. The company has a market capitalization of $19.40 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74.

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.