Marquette Asset Management LLC Has $55.12 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Marquette Asset Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,017,395 shares of the company’s stock after purchasing an additional 1,346,461 shares during the period. Schwab US Dividend Equity ETF accounts for 9.0% of Marquette Asset Management LLC’s holdings, making the stock its 3rd biggest position. Marquette Asset Management LLC owned about 0.29% of Schwab US Dividend Equity ETF worth $55,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Colorado Capital Management Inc. raised its position in Schwab US Dividend Equity ETF by 1.1% during the third quarter. Colorado Capital Management Inc. now owns 11,596 shares of the company’s stock worth $980,000 after acquiring an additional 121 shares in the last quarter. Brick & Kyle Associates raised its holdings in shares of Schwab US Dividend Equity ETF by 2.9% in the 2nd quarter. Brick & Kyle Associates now owns 4,551 shares of the company’s stock valued at $354,000 after purchasing an additional 130 shares during the period. Ascent Group LLC lifted its stake in Schwab US Dividend Equity ETF by 1.2% in the 2nd quarter. Ascent Group LLC now owns 12,091 shares of the company’s stock valued at $940,000 after purchasing an additional 145 shares during the last quarter. Sunflower Bank N.A. grew its holdings in Schwab US Dividend Equity ETF by 4.2% during the third quarter. Sunflower Bank N.A. now owns 4,542 shares of the company’s stock worth $384,000 after purchasing an additional 185 shares during the period. Finally, Sound Income Strategies LLC increased its position in Schwab US Dividend Equity ETF by 12.5% during the third quarter. Sound Income Strategies LLC now owns 1,720 shares of the company’s stock worth $145,000 after buying an additional 191 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.8 %

SCHD opened at $27.52 on Wednesday. Schwab US Dividend Equity ETF has a 12-month low of $24.97 and a 12-month high of $29.72. The business has a 50 day moving average of $28.26 and a 200-day moving average of $27.79. The stock has a market cap of $19.31 billion, a price-to-earnings 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.