Nicholas Hoffman & Company LLC. Acquires 2,717 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Nicholas Hoffman & Company LLC. raised its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 55.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,631 shares of the company’s stock after purchasing an additional 2,717 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Schwab US Dividend Equity ETF were worth $615,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. AMG National Trust Bank increased its holdings in shares of Schwab US Dividend Equity ETF by 0.3% in the fourth quarter. AMG National Trust Bank now owns 47,802 shares of the company’s stock valued at $3,639,000 after purchasing an additional 130 shares during the period. SOA Wealth Advisors LLC. boosted its stake in shares of Schwab US Dividend Equity ETF by 1.0% in the first quarter. SOA Wealth Advisors LLC. now owns 13,177 shares of the company’s stock worth $1,062,000 after acquiring an additional 133 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Bogart Wealth LLC now owns 4,784 shares of the company’s stock worth $364,000 after buying an additional 135 shares in the last quarter. Grey Street Capital LLC raised its holdings in Schwab US Dividend Equity ETF by 1.0% in the 4th quarter. Grey Street Capital LLC now owns 13,599 shares of the company’s stock valued at $1,035,000 after acquiring an additional 136 shares during the last quarter. Finally, Retirement Guys Formula LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 0.9% in the first quarter. Retirement Guys Formula LLC now owns 15,531 shares of the company’s stock valued at $1,252,000 after purchasing an additional 141 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 1.3 %

Schwab US Dividend Equity ETF stock traded down $0.98 during midday trading on Tuesday, hitting $76.94. 2,423,490 shares of the stock were exchanged, compared to its average volume of 3,594,438. The stock has a market capitalization of $53.82 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. The stock’s 50-day simple moving average is $78.32 and its 200 day simple moving average is $75.35. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $80.82.

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.