Paradigm Strategies in Wealth Management LLC Has $19.18 Million Stock Position in Schwab US Dividend Equity ETF $SCHD

Paradigm Strategies in Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.1% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 723,733 shares of the company’s stock after purchasing an additional 21,445 shares during the period. Schwab US Dividend Equity ETF comprises 12.6% of Paradigm Strategies in Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $19,179,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bull Oak Capital LLC purchased a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $208,000. Milestone Asset Management Group LLC boosted its stake in Schwab US Dividend Equity ETF by 3.0% in the second quarter. Milestone Asset Management Group LLC now owns 50,215 shares of the company’s stock valued at $1,331,000 after acquiring an additional 1,451 shares during the last quarter. Planning Directions Inc. boosted its stake in Schwab US Dividend Equity ETF by 2.1% in the second quarter. Planning Directions Inc. now owns 1,307,298 shares of the company’s stock valued at $34,643,000 after acquiring an additional 27,216 shares during the last quarter. Fairfield Financial Advisors LTD purchased a new position in Schwab US Dividend Equity ETF in the second quarter valued at about $318,000. Finally, Integral Investment Advisors Inc. boosted its stake in Schwab US Dividend Equity ETF by 7.5% in the second quarter. Integral Investment Advisors Inc. now owns 349,363 shares of the company’s stock valued at $9,258,000 after acquiring an additional 24,405 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

SCHD opened at $27.00 on Wednesday. The stock has a market cap of $69.94 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.72. The company’s 50-day moving average price is $27.33 and its two-hundred day moving average price is $26.79.

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.