Cathy Pareto & Associates Inc. Invests $1.92 Million in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Cathy Pareto & Associates Inc. acquired a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 70,266 shares of the company’s stock, valued at approximately $1,920,000. Schwab US Dividend Equity ETF makes up 1.8% of Cathy Pareto & Associates Inc.’s investment portfolio, making the stock its 17th largest holding.

Several other large investors have also recently added to or reduced their stakes in SCHD. Orgel Wealth Management LLC boosted its position in shares of Schwab US Dividend Equity ETF by 159.8% during the 4th quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock worth $302,220,000 after acquiring an additional 6,804,908 shares in the last quarter. Keystone Financial Planning Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 188.6% in the 4th quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the period. LVW Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 203.4% in the fourth quarter. LVW Advisors LLC now owns 3,597,636 shares of the company’s stock valued at $98,287,000 after acquiring an additional 2,412,003 shares during the period. Fifth Third Bancorp increased its stake in Schwab US Dividend Equity ETF by 192.7% in the fourth quarter. Fifth Third Bancorp now owns 3,038,718 shares of the company’s stock valued at $83,018,000 after purchasing an additional 2,000,527 shares during the period. Finally, Ameritas Advisory Services LLC grew its stake in shares of Schwab US Dividend Equity ETF by 217.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 2,173,729 shares of the company’s stock valued at $59,386,000 after purchasing an additional 1,488,281 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.1 %

Shares of SCHD opened at $28.07 on Monday. The firm has a market capitalization of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a twelve month low of $25.16 and a twelve month high of $29.72. The stock’s 50 day moving average is $28.10 and its two-hundred day moving average is $27.92.

Schwab US Dividend Equity ETF 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.