Hollencrest Capital Management Has $97,000 Stock Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Hollencrest Capital Management lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 536.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,253 shares of the company’s stock after buying an additional 1,056 shares during the quarter. Hollencrest Capital Management’s holdings in Schwab US Dividend Equity ETF were worth $97,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Central Pacific Bank Trust Division acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth about $25,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at approximately $25,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in Schwab US Dividend Equity ETF during the first quarter worth approximately $26,000. Iron Horse Wealth Management LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth $26,000. Finally, PFG Private Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at $27,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $84.48 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $85.24. The firm has a market cap of $59.26 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s fifty day moving average is $82.19 and its 200-day moving average is $79.62.

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.