Schwab US Dividend Equity ETF $SCHD Position Lessened by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC lessened its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 17.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 506,446 shares of the company’s stock after selling 103,593 shares during the period. Schwab US Dividend Equity ETF makes up 11.0% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 3rd largest position. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,475,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. GenWealth Group Inc. raised its position in Schwab US Dividend Equity ETF by 28.2% in the third quarter. GenWealth Group Inc. now owns 19,860 shares of the company’s stock worth $646,000 after acquiring an additional 4,370 shares in the last quarter. Perryman Financial Advisory Inc. AD acquired a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at about $5,376,000. Surience Private Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 257.3% during the 3rd quarter. Surience Private Wealth LLC now owns 179,961 shares of the company’s stock valued at $5,854,000 after purchasing an additional 129,593 shares in the last quarter. Annex Advisory Services LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at about $6,635,000. Finally, Vanguard Capital Wealth Advisors boosted its position in shares of Schwab US Dividend Equity ETF by 0.8% during the 3rd quarter. Vanguard Capital Wealth Advisors now owns 38,880 shares of the company’s stock valued at $1,265,000 after purchasing an additional 296 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD traded up $0.25 during mid-day trading on Friday, hitting $34.35. The company’s stock had a trading volume of 25,135,255 shares, compared to its average volume of 22,467,555. The firm has a 50-day moving average price of $34.01 and a 200 day moving average price of $32.75. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $35.31. The stock has a market capitalization of $114.95 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.