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

Essex Financial Services Inc. boosted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,462 shares of the company’s stock after buying 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Armor Investment Advisors LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 202.3% in the 4th quarter. Armor Investment Advisors LLC now owns 223,049 shares of the company’s stock valued at $6,094,000 after buying an additional 149,255 shares during the period. Focus Financial Network Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 210.4% during the fourth quarter. Focus Financial Network Inc. now owns 3,183,816 shares of the company’s stock worth $86,982,000 after buying an additional 2,158,136 shares during the period. MADDEN SECURITIES Corp raised its holdings in Schwab US Dividend Equity ETF by 210.1% in the fourth quarter. MADDEN SECURITIES Corp now owns 317,414 shares of the company’s stock valued at $8,672,000 after acquiring an additional 215,067 shares in the last quarter. Principle Wealth Partners LLC lifted its stake in Schwab US Dividend Equity ETF by 221.6% in the fourth quarter. Principle Wealth Partners LLC now owns 1,750,141 shares of the company’s stock worth $47,814,000 after acquiring an additional 1,205,934 shares during the last quarter. Finally, International Private Wealth Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 220.8% during the 4th quarter. International Private Wealth Advisors LLC now owns 18,450 shares of the company’s stock worth $504,000 after acquiring an additional 12,699 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.7 %

Shares of NYSEARCA:SCHD opened at $27.87 on Wednesday. Schwab US Dividend Equity ETF has a 52 week low of $25.16 and a 52 week high of $29.72. The company’s 50 day moving average is $27.81 and its two-hundred day moving average is $27.99. The company has a market cap of $19.55 billion, a PE ratio of 15.04 and a beta of 0.74.

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.