Schwab US Dividend Equity ETF $SCHD Shares Sold by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp lessened its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,529 shares of the company’s stock after selling 4,140 shares during the period. Schwab US Dividend Equity ETF comprises 2.8% of MADDEN SECURITIES Corp’s holdings, making the stock its 7th largest position. MADDEN SECURITIES Corp’s holdings in Schwab US Dividend Equity ETF were worth $8,203,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth about $1,031,129,000. LPL Financial LLC boosted its position in Schwab US Dividend Equity ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock worth $1,084,442,000 after acquiring an additional 2,470,706 shares during the last quarter. Wealthspire Advisors LLC grew its stake in shares of Schwab US Dividend Equity ETF by 95.2% during the 1st quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock worth $826,353,000 after acquiring an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after purchasing an additional 1,637,300 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after purchasing an additional 113,330 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.3%

Shares of SCHD opened at $27.34 on Tuesday. The stock has a market capitalization of $71.64 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The firm has a fifty day simple moving average of $27.33 and a 200 day simple moving average of $26.75.

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.