Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Raised by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 317,414 shares of the company’s stock after buying an additional 215,067 shares during the quarter. Schwab US Dividend Equity ETF makes up about 3.5% of MADDEN SECURITIES Corp’s portfolio, making the stock its 6th largest position. MADDEN SECURITIES Corp’s holdings in Schwab US Dividend Equity ETF were worth $8,672,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Central Pacific Bank Trust Division boosted its stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC grew its stake in Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares in the last quarter. Kennebec Savings Bank purchased a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $31,000. Finally, Olistico Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after acquiring an additional 748 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHD opened at $27.68 on Tuesday. The firm has a fifty day moving average price of $27.85 and a two-hundred day moving average price of $27.99. The company has a market cap of $19.42 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a one year low of $25.16 and a one year high of $29.72.

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.