Schwab US Dividend Equity ETF (NYSEARCA:SCHD) is Hofer & Associates. Inc’s 7th Largest Position

Hofer & Associates. Inc boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,730 shares of the company’s stock after purchasing an additional 1,514 shares during the period. Schwab US Dividend Equity ETF comprises 4.2% of Hofer & Associates. Inc’s investment portfolio, making the stock its 7th biggest position. Hofer & Associates. Inc’s holdings in Schwab US Dividend Equity ETF were worth $5,422,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Central Pacific Bank Trust Division acquired a new stake in Schwab US Dividend Equity ETF during the 1st quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth $26,000. PFG Private Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth $27,000. Olistico Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the second quarter worth $28,000. Finally, Voisard Asset Management Group Inc. acquired a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $29,000.

Schwab US Dividend Equity ETF Stock Performance

Schwab US Dividend Equity ETF stock traded up $0.37 during midday trading on Friday, reaching $81.96. The stock had a trading volume of 2,131,706 shares, compared to its average volume of 3,262,148. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $83.19. The stock has a market capitalization of $57.49 billion, a PE ratio of 15.04 and a beta of 0.74. The stock’s 50-day simple moving average is $79.34 and its 200 day simple moving average is $78.54.

Schwab US Dividend Equity ETF 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.