Econ Financial Services Corp Purchases New Shares in Schwab US Dividend Equity ETF $SCHD

Econ Financial Services Corp acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 264,057 shares of the company’s stock, valued at approximately $7,243,000. Schwab US Dividend Equity ETF comprises about 3.6% of Econ Financial Services Corp’s holdings, making the stock its 4th largest holding.

A number of other hedge funds have also made changes to their positions in the company. Dominguez Wealth Management Solutions Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 20.2% in the fourth quarter. Dominguez Wealth Management Solutions Inc. now owns 28,775 shares of the company’s stock valued at $789,000 after acquiring an additional 4,833 shares in the last quarter. Great Waters Wealth Management increased its position in shares of Schwab US Dividend Equity ETF by 1.9% during the fourth quarter. Great Waters Wealth Management now owns 81,142 shares of the company’s stock worth $2,226,000 after purchasing an additional 1,527 shares in the last quarter. My Personal CFO LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth approximately $1,662,000. Nikulski Financial Inc. raised its stake in Schwab US Dividend Equity ETF by 4.8% in the 4th quarter. Nikulski Financial Inc. now owns 151,584 shares of the company’s stock valued at $4,158,000 after purchasing an additional 6,924 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in Schwab US Dividend Equity ETF by 9.0% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 237,945 shares of the company’s stock valued at $6,527,000 after purchasing an additional 19,718 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD stock opened at $30.68 on Wednesday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.95. The stock’s fifty day moving average is $30.81 and its two-hundred day moving average is $28.60. The firm has a market capitalization of $80.70 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.