Paradigm Strategies in Wealth Management LLC cut its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report) by 17.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 506,446 shares of the company’s stock after selling 103,593 shares during the quarter. Schwab US Dividend Equity ETF accounts for 11.0% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $16,475,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. Byrne Asset Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter valued at $26,000. DiNuzzo Private Wealth Inc. purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in Schwab US Dividend Equity ETF in the 1st quarter worth about $32,000. Signature Resources Capital Management LLC increased its stake in Schwab US Dividend Equity ETF by 53.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,430 shares of the company’s stock worth $44,000 after purchasing an additional 500 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its holdings in Schwab US Dividend Equity ETF by 35.7% during the 1st quarter. Hanson & Doremus Investment Management now owns 2,001 shares of the company’s stock worth $61,000 after buying an additional 526 shares during the period.
Schwab US Dividend Equity ETF Price Performance
NYSEARCA SCHD traded up $0.25 on Friday, hitting $34.35. 25,135,255 shares of the company were exchanged, compared to its average volume of 22,467,555. Schwab US Dividend Equity ETF has a twelve month low of $26.32 and a twelve month high of $35.31. The firm has a market capitalization of $114.95 billion, a P/E ratio of 14.57 and a beta of 0.68. The company’s 50 day moving average price is $34.01 and its 200-day moving average price is $32.75.
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.
Featured Articles
- Five stocks we like better than Schwab US Dividend Equity ETF
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
- 3 Stocks Delivering Bigger Dividends Despite Market Uncertainty
Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHD – Free Report).
Receive News & Ratings for Schwab US Dividend Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Dividend Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
