MADDEN SECURITIES Corp boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 210.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 317,414 shares of the company’s stock after purchasing an additional 215,067 shares during the period. Schwab US Dividend Equity ETF comprises 3.5% of MADDEN SECURITIES Corp’s holdings, making the stock its 6th largest position. MADDEN SECURITIES Corp’s holdings in Schwab US Dividend Equity ETF were worth $8,672,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of SCHD. Kennebec Savings Bank bought a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth approximately $31,000. Legacy Investment Solutions LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at $34,000. Barrett & Company Inc. purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $34,000. Cassady Schiller Wealth Management LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $38,000. Finally, Phillips Financial Management LLC lifted its position in shares of Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after buying an additional 391 shares during the last quarter.
Schwab US Dividend Equity ETF Stock Performance
Shares of SCHD opened at $27.68 on Tuesday. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72. The business has a 50-day moving average of $27.85 and a 200 day moving average of $27.99. The firm has a market cap of $19.42 billion, a P/E ratio of 15.04 and a beta of 0.74.
About Schwab US Dividend Equity ETF
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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