Focus Financial Network Inc. Sells 164,885 Shares of Schwab US Dividend Equity ETF $SCHD

Focus Financial Network Inc. decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,818,289 shares of the company’s stock after selling 164,885 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 1.8% of Focus Financial Network Inc.’s investment portfolio, making the stock its 10th biggest position. Focus Financial Network Inc.’s holdings in Schwab US Dividend Equity ETF were worth $57,658,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after acquiring an additional 51,696 shares during the period. Bison Wealth LLC raised its holdings in Schwab US Dividend Equity ETF by 234.4% in the 4th quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after acquiring an additional 309,400 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares in the last quarter. Finally, United Bank raised its holdings in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock valued at $5,186,000 after acquiring an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $33.90 on Monday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $34.24. The company has a market capitalization of $105.32 billion, a P/E ratio of 14.57 and a beta of 0.67. The stock has a 50 day moving average of $32.62 and a two-hundred day moving average of $31.63.

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.