Hudock Inc. Sells 662,021 Shares of Schwab US Dividend Equity ETF $SCHD

Hudock Inc. trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 65.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 352,345 shares of the company’s stock after selling 662,021 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.5% of Hudock Inc.’s investment portfolio, making the stock its 17th biggest holding. Hudock Inc.’s holdings in Schwab US Dividend Equity ETF were worth $9,619,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Kozak & Associates Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 476.1% during the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after acquiring an additional 938 shares during the period. PrairieView Partners LLC grew its holdings in Schwab US Dividend Equity ETF by 57.3% in the second quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the period. Financial Management Professionals Inc. increased its stake in Schwab US Dividend Equity ETF by 241.9% in the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after purchasing an additional 907 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Schwab US Dividend Equity ETF during the second quarter valued at about $39,000. Finally, Independence Bank of Kentucky acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $41,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.55 on Friday. The stock has a 50-day moving average of $27.41 and a 200-day moving average of $27.26. The company has a market cap of $74.65 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $28.84.

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.