Paradigm Strategies in Wealth Management LLC Purchases 459,361 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Paradigm Strategies in Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 188.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 703,581 shares of the company’s stock after purchasing an additional 459,361 shares during the period. Schwab US Dividend Equity ETF accounts for about 12.7% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Paradigm Strategies in Wealth Management LLC owned approximately 0.10% of Schwab US Dividend Equity ETF worth $19,222,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHD. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at about $31,000. Legacy Investment Solutions LLC acquired a new position in Schwab US Dividend Equity ETF during the 3rd quarter worth about $34,000. Barrett & Company Inc. purchased a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $34,000. Cassady Schiller Wealth Management LLC acquired a new position in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $38,000. Finally, Quent Capital LLC grew its position in Schwab US Dividend Equity ETF by 86.6% in the 3rd quarter. Quent Capital LLC now owns 517 shares of the company’s stock valued at $44,000 after acquiring an additional 240 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.82 on Thursday. The company’s 50-day simple moving average is $28.23 and its 200-day simple moving average is $27.79. Schwab US Dividend Equity ETF has a 1 year low of $24.97 and a 1 year high of $29.72. The stock has a market capitalization of $19.52 billion, a PE ratio of 15.04 and a beta of 0.74.

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.