Essex Financial Services Inc. grew its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 40.7% in the first quarter, HoldingsChannel reports. The fund owned 77,299 shares of the company’s stock after acquiring an additional 22,364 shares during the quarter. Essex Financial Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $2,372,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Elmwood Wealth Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the 4th quarter valued at $1,003,000. Bell Bank raised its position in Schwab US Dividend Equity ETF by 53.3% during the fourth quarter. Bell Bank now owns 104,155 shares of the company’s stock worth $2,857,000 after acquiring an additional 36,212 shares during the period. Aspire Capital Advisors LLC lifted its holdings in Schwab US Dividend Equity ETF by 2.9% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock valued at $29,184,000 after purchasing an additional 30,146 shares in the last quarter. BIP Wealth LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $1,589,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of Schwab US Dividend Equity ETF by 18.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the period.
Schwab US Dividend Equity ETF Stock Up 1.7%
SCHD stock opened at $32.39 on Friday. The stock has a market capitalization of $97.46 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm has a 50-day simple moving average of $32.04 and a 200-day simple moving average of $30.70. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $32.92.
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.
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Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
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