Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Essex Savings Bank

Essex Savings Bank increased its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 226.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,912 shares of the company’s stock after buying an additional 11,735 shares during the quarter. Essex Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after buying an additional 604 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $34,000. Legacy Investment Solutions LLC purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $34,000. Finally, Cassady Schiller Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $38,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.82 on Thursday. The stock has a 50-day simple moving average of $28.23 and a 200 day simple moving average of $27.79. Schwab US Dividend Equity ETF has a one year low of $24.97 and a one year high of $29.72. The company has a market capitalization of $19.52 billion, a price-to-earnings 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.