172,188 Shares in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Bought by Hopwood Financial Services Inc.

Hopwood Financial Services Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, Holdings Channel reports. The firm acquired 172,188 shares of the company’s stock, valued at approximately $4,704,000. Schwab US Dividend Equity ETF accounts for about 3.6% of Hopwood Financial Services Inc.’s holdings, making the stock its 8th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHD. Kennebec Savings Bank bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at about $31,000. Phillips Financial Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 144.8% in the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $34,000. Anchor Investment Management LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.1% during the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC increased its position in shares of Schwab US Dividend Equity ETF by 1.7% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 25,276 shares of the company’s stock valued at $2,137,000 after purchasing an additional 430 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 2.3 %

Shares of SCHD opened at $27.74 on Wednesday. Schwab US Dividend Equity ETF has a 52-week low of $25.18 and a 52-week high of $29.72. The company has a market cap of $68.80 billion, a PE ratio of 17.56 and a beta of 0.86. The business has a fifty day moving average of $27.88 and a 200 day moving average of $28.14.

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.