Kennebec Savings Bank Boosts Stock Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Kennebec Savings Bank grew its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 248.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,292 shares of the company’s stock after purchasing an additional 921 shares during the quarter. Kennebec Savings Bank’s holdings in Schwab US Dividend Equity ETF were worth $35,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sumitomo Life Insurance Co. increased its holdings in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock worth $732,722,000 after buying an additional 17,880,000 shares during the period. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% in the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock worth $974,748,000 after purchasing an additional 350,872 shares during the period. Orgel Wealth Management LLC lifted its position in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 188.6% during the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 7.5% during the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after purchasing an additional 297,674 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock opened at $27.98 on Friday. The firm’s 50-day moving average price is $28.07 and its two-hundred day moving average price is $27.94. The stock has a market capitalization of $19.63 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

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.