Nicholas Hoffman & Company LLC. Grows Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Nicholas Hoffman & Company LLC. grew its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,352 shares of the company’s stock after acquiring an additional 16,515 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Schwab US Dividend Equity ETF were worth $665,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Strategic Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 113.1% in the 4th quarter. Strategic Advisors LLC now owns 14,572 shares of the company’s stock valued at $398,000 after acquiring an additional 7,734 shares during the period. Pure Portfolios Holdings LLC raised its stake in shares of Schwab US Dividend Equity ETF by 208.5% in the fourth quarter. Pure Portfolios Holdings LLC now owns 12,942 shares of the company’s stock worth $354,000 after purchasing an additional 8,747 shares during the last quarter. WBH Advisory Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 196.1% during the fourth quarter. WBH Advisory Inc. now owns 131,939 shares of the company’s stock worth $3,605,000 after purchasing an additional 87,379 shares during the period. DDD Partners LLC boosted its position in Schwab US Dividend Equity ETF by 203.7% in the fourth quarter. DDD Partners LLC now owns 31,246 shares of the company’s stock valued at $854,000 after buying an additional 20,958 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 4,644 shares of the company’s stock worth $127,000 after buying an additional 3,096 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2 %

Shares of NYSEARCA SCHD opened at $27.79 on Tuesday. The company has a 50 day simple moving average of $27.72 and a two-hundred day simple moving average of $28.00. The stock has a market cap of $68.09 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

Schwab US Dividend Equity ETF Company 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.