Madison Asset Management LLC Has $16.42 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Madison Asset Management LLC lifted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 46.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 535,292 shares of the company’s stock after acquiring an additional 170,000 shares during the quarter. Madison Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,423,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SCHD. Elmwood Wealth Management Inc. acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $1,003,000. Bell Bank raised its position in shares of Schwab US Dividend Equity ETF by 53.3% in the 4th quarter. Bell Bank now owns 104,155 shares of the company’s stock valued at $2,857,000 after acquiring an additional 36,212 shares during the period. BIP Wealth LLC bought a new position in Schwab US Dividend Equity ETF during the 4th quarter worth approximately $1,589,000. Aspire Capital Advisors LLC boosted its stake in Schwab US Dividend Equity ETF by 2.9% during the 4th quarter. Aspire Capital Advisors LLC now owns 1,063,961 shares of the company’s stock worth $29,184,000 after acquiring an additional 30,146 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Schwab US Dividend Equity ETF by 18.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock valued at $14,369,000 after purchasing an additional 82,981 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $32.75 on Tuesday. Schwab US Dividend Equity ETF has a 52 week low of $26.21 and a 52 week high of $33.50. The company has a market capitalization of $100.06 billion, a PE ratio of 14.57 and a beta of 0.68. The company has a 50 day moving average price of $32.28 and a two-hundred day moving average price of $31.12.

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.