Carlton Hofferkamp & Jenks Wealth Management LLC Has $985,000 Holdings in Schwab US Dividend Equity ETF $SCHD

Carlton Hofferkamp & Jenks Wealth Management LLC grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,686 shares of the company’s stock after purchasing an additional 1,841 shares during the quarter. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $985,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at $1,031,129,000. Wealthspire Advisors LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after buying an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 2nd quarter worth $132,621,000. LPL Financial LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Finally, Cresset Asset Management LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 37.5% during the 1st quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after buying an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock opened at $27.03 on Friday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The stock has a market capitalization of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88. The stock has a fifty day moving average of $27.34 and a 200-day moving average of $26.74.

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.