Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Essex Financial Services Inc.

Essex Financial Services Inc. lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,462 shares of the company’s stock after purchasing an additional 1,127 shares during the quarter. Essex Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,543,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division grew its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at about $26,000. IFS Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at about $31,000. Finally, Olistico Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The company has a 50 day moving average price of $27.81 and a 200 day moving average price of $27.99. The stock has a market capitalization of $19.55 billion, a P/E ratio of 15.04 and a beta of 0.74.

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.