Madison Wealth Partners Inc Increases Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Madison Wealth Partners Inc grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 35,517 shares of the company’s stock after buying an additional 23,779 shares during the quarter. Madison Wealth Partners Inc’s holdings in Schwab US Dividend Equity ETF were worth $970,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. HBK Sorce Advisory LLC raised its position in shares of Schwab US Dividend Equity ETF by 227.5% during the 4th quarter. HBK Sorce Advisory LLC now owns 257,509 shares of the company’s stock worth $7,035,000 after acquiring an additional 178,873 shares in the last quarter. Wintrust Investments LLC raised its position in shares of Schwab US Dividend Equity ETF by 210.4% during the 4th quarter. Wintrust Investments LLC now owns 13,563 shares of the company’s stock worth $370,000 after acquiring an additional 9,193 shares in the last quarter. Avantax Advisory Services Inc. raised its position in shares of Schwab US Dividend Equity ETF by 205.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 26,003,626 shares of the company’s stock worth $710,419,000 after acquiring an additional 17,501,170 shares in the last quarter. Essential Planning LLC. acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter worth approximately $5,739,000. Finally, Securian Asset Management Inc. increased its position in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. Securian Asset Management Inc. now owns 1,581,000 shares of the company’s stock worth $43,193,000 after buying an additional 1,054,000 shares during the period.

Schwab US Dividend Equity ETF Stock Down 1.1 %

SCHD opened at $27.44 on Thursday. The firm has a market cap of $68.05 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72. The business’s 50 day moving average is $27.88 and its two-hundred day moving average is $28.14.

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.