Brady Martz Wealth Solutions LLC Purchases Shares of 1,073,750 Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Brady Martz Wealth Solutions LLC purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,073,750 shares of the company’s stock, valued at approximately $29,550,000. Schwab US Dividend Equity ETF comprises about 7.1% of Brady Martz Wealth Solutions LLC’s portfolio, making the stock its 3rd biggest position. Brady Martz Wealth Solutions LLC owned about 0.15% of Schwab US Dividend Equity ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ballast Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 199.6% during the 4th quarter. Ballast Inc. now owns 14,415 shares of the company’s stock valued at $394,000 after buying an additional 9,603 shares during the period. Cambridge Advisors Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 204.2% in the fourth quarter. Cambridge Advisors Inc. now owns 153,528 shares of the company’s stock valued at $4,194,000 after purchasing an additional 103,051 shares during the period. Bernardo Wealth Planning LLC grew its holdings in Schwab US Dividend Equity ETF by 3.8% during the 4th quarter. Bernardo Wealth Planning LLC now owns 13,546 shares of the company’s stock valued at $366,000 after purchasing an additional 498 shares in the last quarter. Murphy Middleton Hinkle & Parker Inc. increased its stake in Schwab US Dividend Equity ETF by 210.2% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 45,038 shares of the company’s stock worth $1,230,000 after buying an additional 30,518 shares during the period. Finally, Liberty One Investment Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 183.7% in the 4th quarter. Liberty One Investment Management LLC now owns 76,741 shares of the company’s stock worth $2,097,000 after buying an additional 49,688 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.99 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.03 and a 1-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. The business has a 50-day moving average of $28.19 and a 200-day moving average of $27.82.

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.