Paradigm Strategies in Wealth Management LLC cut its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 6.6% during the 1st quarter, Holdings Channel reports. The firm owned 639,830 shares of the company’s stock after selling 45,336 shares during the quarter. Schwab US Dividend Equity ETF comprises 13.3% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its biggest holding. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,630,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of SCHD. MeadowBrook Investment Advisors LLC lifted its stake in Schwab US Dividend Equity ETF by 3.3% in the 1st quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock valued at $312,000 after purchasing an additional 325 shares during the last quarter. Semus Wealth Partners LLC increased its position in Schwab US Dividend Equity ETF by 0.7% during the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock worth $1,574,000 after buying an additional 347 shares during the last quarter. Harmony Asset Management LLC increased its position in Schwab US Dividend Equity ETF by 3.8% during the first quarter. Harmony Asset Management LLC now owns 9,585 shares of the company’s stock worth $294,000 after buying an additional 354 shares during the last quarter. Colorado Capital Management Inc. raised its stake in Schwab US Dividend Equity ETF by 0.9% in the fourth quarter. Colorado Capital Management Inc. now owns 38,637 shares of the company’s stock valued at $1,060,000 after buying an additional 362 shares during the period. Finally, First Pacific Financial lifted its position in shares of Schwab US Dividend Equity ETF by 8.9% in the first quarter. First Pacific Financial now owns 4,681 shares of the company’s stock valued at $144,000 after buying an additional 383 shares during the last quarter.
Schwab US Dividend Equity ETF Stock Down 0.4%
SCHD opened at $32.91 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $33.50. The business has a 50 day moving average of $32.26 and a 200-day moving average of $31.06. The stock has a market cap of $100.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.
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.
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