Paradigm Financial Partners LLC Buys 5,323 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Paradigm Financial Partners LLC lifted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 13.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,012 shares of the company’s stock after acquiring an additional 5,323 shares during the quarter. Paradigm Financial Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after acquiring an additional 503,970 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.7% in the third quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock worth $527,798,000 after acquiring an additional 266,516 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 2.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,778,626 shares of the company’s stock worth $408,896,000 after acquiring an additional 145,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Schwab US Dividend Equity ETF by 1.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,188,556 shares of the company’s stock worth $367,142,000 after purchasing an additional 96,234 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Schwab US Dividend Equity ETF by 8.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,422,807 shares of the company’s stock valued at $312,958,000 after purchasing an additional 348,710 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

SCHD stock traded down $0.08 during midday trading on Friday, hitting $77.48. The company’s stock had a trading volume of 2,394,771 shares, compared to its average volume of 3,622,651. The company has a market cap of $54.20 billion, a PE ratio of 14.82 and a beta of 0.77. The firm’s 50-day moving average is $78.31 and its 200-day moving average is $75.23. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82.

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.