Dorato Capital Management Makes New Investment in Schwab US Dividend Equity ETF $SCHD

Dorato Capital Management acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 201,969 shares of the company’s stock, valued at approximately $5,865,000. Schwab US Dividend Equity ETF makes up approximately 4.5% of Dorato Capital Management’s investment portfolio, making the stock its 3rd largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Biltmore Family Office LLC boosted its holdings in Schwab US Dividend Equity ETF by 116.4% in the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after buying an additional 524 shares during the period. Triumph Capital Management bought a new stake in Schwab US Dividend Equity ETF during the third quarter valued at about $33,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at about $35,000. Reyes Financial Architecture Inc. lifted its position in shares of Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after acquiring an additional 1,237 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $36,000.

Schwab US Dividend Equity ETF Trading Up 0.2%

NYSEARCA:SCHD opened at $30.56 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $31.95. The stock has a 50-day moving average price of $30.87 and a 200 day moving average price of $28.63. The stock has a market capitalization of $80.38 billion, a P/E ratio of 14.57 and a beta of 0.77.

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.