Econ Financial Services Corp Takes $5.75 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Econ Financial Services Corp bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 210,387 shares of the company’s stock, valued at approximately $5,748,000. Schwab US Dividend Equity ETF comprises 3.3% of Econ Financial Services Corp’s portfolio, making the stock its 7th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $31,000. Legacy Investment Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $34,000. Barrett & Company Inc. acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $34,000. Cassady Schiller Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $38,000. Finally, Phillips Financial Management LLC increased its stake in Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after acquiring an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.76 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The firm has a market capitalization of $19.47 billion, a P/E ratio of 15.04 and a beta of 0.74. The business’s 50-day simple moving average is $27.98 and its 200-day simple moving average is $27.97.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Read More

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:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.