Madden Advisory Services Inc. Buys 383 Shares of Schwab US Dividend Equity ETF $SCHD

Madden Advisory Services Inc. increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 0.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,315 shares of the company’s stock after buying an additional 383 shares during the period. Schwab US Dividend Equity ETF accounts for 1.3% of Madden Advisory Services Inc.’s portfolio, making the stock its 25th largest position. Madden Advisory Services Inc.’s holdings in Schwab US Dividend Equity ETF were worth $3,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SCHD. Kingstone Capital Partners Texas LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter worth about $1,031,129,000. Wealthspire Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after purchasing an additional 14,410,724 shares during the period. RMG Wealth Management LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter worth about $132,621,000. LPL Financial LLC grew its holdings in Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after purchasing an additional 2,470,706 shares during the period. Finally, Cresset Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF by 37.5% in the first quarter. Cresset Asset Management LLC now owns 7,582,282 shares of the company’s stock worth $212,001,000 after purchasing an additional 2,069,007 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.28 on Wednesday. The stock has a market cap of $71.48 billion, a PE ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The firm’s 50-day simple moving average is $27.34 and its two-hundred day simple moving average is $26.75.

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.