Madison Wealth Partners Inc Acquires 8,976 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Madison Wealth Partners Inc increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 278.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,200 shares of the company’s stock after acquiring an additional 8,976 shares during the quarter. Madison Wealth Partners Inc’s holdings in Schwab US Dividend Equity ETF were worth $929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth about $28,000. Signature Resources Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $32,000. Bear Mountain Capital Inc. bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $34,000. Venturi Wealth Management LLC bought a new stake in Schwab US Dividend Equity ETF during the 4th quarter valued at about $44,000. Finally, WestHill Financial Advisors Inc. increased its stake in Schwab US Dividend Equity ETF by 106.3% during the 3rd quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock valued at $44,000 after purchasing an additional 319 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.4 %

NYSEARCA:SCHD traded down $0.34 on Friday, reaching $76.77. 3,156,200 shares of the stock traded hands, compared to its average volume of 3,336,125. The company has a market capitalization of $53.85 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The company’s fifty day simple moving average is $78.03 and its 200 day simple moving average is $77.16.

Schwab US Dividend Equity ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.