Hudock Inc. Has $26.88 Million Holdings in Schwab US Dividend Equity ETF $SCHD

Hudock Inc. lessened its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,014,366 shares of the company’s stock after selling 27,454 shares during the period. Schwab US Dividend Equity ETF comprises approximately 4.3% of Hudock Inc.’s holdings, making the stock its 6th biggest position. Hudock Inc.’s holdings in Schwab US Dividend Equity ETF were worth $26,881,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Kingstone Capital Partners Texas LLC bought a new position in Schwab US Dividend Equity ETF in the second quarter worth approximately $1,031,129,000. Wealthspire Advisors LLC increased its stake in shares of Schwab US Dividend Equity ETF by 95.2% in the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares in the last quarter. RMG Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth $132,621,000. LPL Financial LLC lifted its position in Schwab US Dividend Equity ETF by 6.8% during the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after purchasing an additional 2,470,706 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its position in Schwab US Dividend Equity ETF by 37.5% during the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock valued at $212,001,000 after purchasing an additional 2,069,007 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.0%

NYSEARCA SCHD opened at $27.19 on Thursday. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $29.72. The company has a market capitalization of $70.31 billion, a P/E ratio of 14.57 and a beta of 0.77. The stock’s 50-day moving average price is $27.10 and its 200-day moving average price is $26.89.

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.