Paradigm Strategies in Wealth Management LLC Has $19.63 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

Paradigm Strategies in Wealth Management LLC reduced its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 639,830 shares of the company’s stock after selling 45,336 shares during the period. Schwab US Dividend Equity ETF accounts for about 13.3% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its largest 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.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHD. Legacy Wealth Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter worth about $2,470,000. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the first quarter valued at about $7,205,000. Paces Ferry Wealth Advisors LLC raised its holdings in Schwab US Dividend Equity ETF by 1.7% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 580,458 shares of the company’s stock worth $17,808,000 after acquiring an additional 9,856 shares in the last quarter. Ceera Investments LLC acquired a new position in Schwab US Dividend Equity ETF during the first quarter valued at approximately $969,000. Finally, Zhang Financial LLC grew its stake in Schwab US Dividend Equity ETF by 3.1% in the first quarter. Zhang Financial LLC now owns 33,189 shares of the company’s stock valued at $1,018,000 after purchasing an additional 995 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.4%

NYSEARCA:SCHD opened at $32.91 on Friday. The firm has a market capitalization of $100.39 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $33.50. The stock’s 50 day moving average price is $32.26 and its two-hundred day moving average price is $31.06.

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.