Hopwood Financial Services Inc. Cuts Holdings in Schwab US Dividend Equity ETF $SCHD

Hopwood Financial Services Inc. lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,462 shares of the company’s stock after selling 27,931 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 2.4% of Hopwood Financial Services Inc.’s investment portfolio, making the stock its 10th largest holding. Hopwood Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. MOKAN Wealth Management Inc. grew its holdings in Schwab US Dividend Equity ETF by 4.9% during the second quarter. MOKAN Wealth Management Inc. now owns 150,769 shares of the company’s stock valued at $3,995,000 after purchasing an additional 6,985 shares during the period. Advisory Resource Group lifted its position in shares of Schwab US Dividend Equity ETF by 4.4% during the 2nd quarter. Advisory Resource Group now owns 59,500 shares of the company’s stock valued at $1,577,000 after buying an additional 2,520 shares during the last quarter. First Command Advisory Services Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 7.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after buying an additional 77,785 shares during the last quarter. BG Investment Services Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 82.8% during the 3rd quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after acquiring an additional 28,109 shares during the period. Finally, DMKC Advisory Services LLC increased its holdings in Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock worth $5,997,000 after acquiring an additional 20,989 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

NYSEARCA SCHD opened at $31.35 on Tuesday. The company has a market cap of $82.46 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.49. The firm’s 50-day simple moving average is $28.49 and its two-hundred day simple moving average is $27.64.

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.