Marquette Asset Management LLC Has $52.92 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Marquette Asset Management LLC lifted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 25.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 695,084 shares of the company’s stock after buying an additional 141,787 shares during the period. Schwab US Dividend Equity ETF comprises 9.8% of Marquette Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Marquette Asset Management LLC owned approximately 0.11% of Schwab US Dividend Equity ETF worth $52,917,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Raleigh Capital Management Inc. bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $28,000. Bear Mountain Capital Inc. bought a new position in Schwab US Dividend Equity ETF during the fourth quarter worth about $34,000. Howe & Rusling Inc. lifted its stake in Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock worth $36,000 after purchasing an additional 344 shares during the period. Carmel Capital Partners LLC bought a new position in Schwab US Dividend Equity ETF during the third quarter worth about $39,000. Finally, WestHill Financial Advisors Inc. lifted its stake in Schwab US Dividend Equity ETF by 106.3% during the third quarter. WestHill Financial Advisors Inc. now owns 619 shares of the company’s stock worth $44,000 after purchasing an additional 319 shares during the period.

Schwab US Dividend Equity ETF Stock Down 0.1 %

SCHD traded down $0.08 during midday trading on Friday, reaching $77.48. 2,394,771 shares of the company’s stock were exchanged, compared to its average volume of 3,622,651. The firm has a market capitalization of $54.20 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a one year low of $66.67 and a one year high of $80.82. The business has a 50-day simple moving average of $78.31 and a two-hundred day simple moving average of $75.23.

Schwab US Dividend Equity ETF Profile

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.