Madison Wealth Partners Inc Buys 20,296 Shares of Schwab US Dividend Equity ETF $SCHD

Madison Wealth Partners Inc increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 105.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,628 shares of the company’s stock after buying an additional 20,296 shares during the quarter. Madison Wealth Partners Inc’s holdings in Schwab US Dividend Equity ETF were worth $1,087,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Sumitomo Life Insurance Co. bought a new stake in Schwab US Dividend Equity ETF in the third quarter worth $847,665,000. Avantax Planning Partners Inc. lifted its stake in Schwab US Dividend Equity ETF by 3.8% in the fourth quarter. Avantax Planning Partners Inc. now owns 10,106,223 shares of the company’s stock worth $277,214,000 after purchasing an additional 366,548 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. MML Investors Services LLC lifted its stake in Schwab US Dividend Equity ETF by 3.2% in the second quarter. MML Investors Services LLC now owns 6,058,642 shares of the company’s stock worth $160,554,000 after purchasing an additional 185,649 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 0.6% in the third quarter. HighTower Advisors LLC now owns 5,684,538 shares of the company’s stock worth $155,188,000 after purchasing an additional 33,472 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.50 on Friday. The company has a market cap of $92.26 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 1 year low of $25.89 and a 1 year high of $32.91. The firm has a 50-day simple moving average of $31.31 and a two-hundred day simple moving average of $29.87.

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.