Dorato Capital Management Takes $5.87 Million Position in Schwab US Dividend Equity ETF $SCHD

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

Several other large investors also recently added to or reduced their stakes in the business. Rakuten Investment Management Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $1,127,144,000. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter worth $847,665,000. Osaic Holdings Inc. raised its holdings in Schwab US Dividend Equity ETF by 12.1% in the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares during the period. Avantax Planning Partners Inc. lifted its position in Schwab US Dividend Equity ETF by 3.0% during the third quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock valued at $265,893,000 after purchasing an additional 280,277 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in Schwab US Dividend Equity ETF by 18.0% during the third quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock valued at $180,178,000 after purchasing an additional 1,005,469 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $30.56 on Friday. The stock has a 50-day simple moving average of $30.87 and a two-hundred day simple moving average of $28.63. The firm has a market capitalization of $80.38 billion, a PE ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $31.95.

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.