Focus Financial Network Inc. Has $82.31 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Focus Financial Network Inc. lessened its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 999,883 shares of the company’s stock after selling 20,777 shares during the period. Schwab US Dividend Equity ETF makes up about 3.4% of Focus Financial Network Inc.’s holdings, making the stock its 5th biggest position. Focus Financial Network Inc.’s holdings in Schwab US Dividend Equity ETF were worth $82,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division purchased a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $26,000. PFG Private Wealth Management LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at about $27,000. Olistico Wealth LLC bought a new stake in shares of Schwab US Dividend Equity ETF during the 2nd quarter valued at about $28,000. Finally, Voisard Asset Management Group Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $29,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD traded down $0.22 on Tuesday, reaching $82.22. The company had a trading volume of 2,313,675 shares, compared to its average volume of 3,251,016. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $83.19. The company has a market cap of $57.68 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The business has a 50 day simple moving average of $79.43 and a 200 day simple moving average of $78.60.

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.