Brady Martz Wealth Solutions LLC Has $21.59 Million Position in Schwab US Dividend Equity ETF $SCHD

Brady Martz Wealth Solutions LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 790,813 shares of the company’s stock after selling 54,713 shares during the quarter. Schwab US Dividend Equity ETF makes up about 3.9% of Brady Martz Wealth Solutions LLC’s portfolio, making the stock its 4th biggest holding. Brady Martz Wealth Solutions LLC’s holdings in Schwab US Dividend Equity ETF were worth $21,589,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lederer & Associates Investment Counsel CA increased its holdings in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after buying an additional 375 shares in the last quarter. Madden Advisory Services Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 0.3% during the 2nd quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock worth $3,003,000 after acquiring an additional 383 shares in the last quarter. Harbor Group Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 4.8% in the 3rd quarter. Harbor Group Inc. now owns 8,410 shares of the company’s stock worth $230,000 after acquiring an additional 383 shares during the last quarter. Bellevue Asset Management LLC raised its position in shares of Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock worth $877,000 after purchasing an additional 389 shares during the period. Finally, Narwhal Capital Management lifted its holdings in shares of Schwab US Dividend Equity ETF by 1.1% during the second quarter. Narwhal Capital Management now owns 36,495 shares of the company’s stock valued at $967,000 after purchasing an additional 400 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4%

NYSEARCA:SCHD opened at $27.66 on Thursday. The stock has a fifty day simple moving average of $27.19 and a 200 day simple moving average of $27.17. The firm has a market capitalization of $71.52 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $28.84.

Schwab US Dividend Equity ETF Company 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.