Brady Martz Wealth Solutions LLC Makes New $29.55 Million Investment in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brady Martz Wealth Solutions LLC purchased a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,073,750 shares of the company’s stock, valued at approximately $29,550,000. Schwab US Dividend Equity ETF comprises 7.1% of Brady Martz Wealth Solutions LLC’s investment portfolio, making the stock its 3rd largest position.

Several other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in Schwab US Dividend Equity ETF by 3.1% during the 3rd quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after acquiring an additional 350,872 shares in the last quarter. Orgel Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after buying an additional 6,804,908 shares during the period. Keystone Financial Planning Inc. lifted its stake in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock worth $146,589,000 after acquiring an additional 3,506,729 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 7.5% in the third quarter. Commonwealth Equity Services LLC now owns 4,281,892 shares of the company’s stock valued at $361,948,000 after acquiring an additional 297,674 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Schwab US Dividend Equity ETF by 2.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,629,338 shares of the company’s stock worth $306,788,000 after purchasing an additional 101,637 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $27.99 on Friday. The stock’s fifty day moving average is $28.19 and its 200-day moving average is $27.82. Schwab US Dividend Equity ETF has a one year low of $25.03 and a one year high of $29.72. The company has a market capitalization of $19.63 billion, a PE ratio of 15.04 and a beta of 0.74.

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.