Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Sold by Orion Capital Management LLC

Orion Capital Management LLC lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,834 shares of the company’s stock after selling 5,650 shares during the quarter. Schwab US Dividend Equity ETF makes up about 2.2% of Orion Capital Management LLC’s portfolio, making the stock its 11th biggest holding. Orion Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vicus Capital boosted its position in shares of Schwab US Dividend Equity ETF by 13.7% during the 3rd quarter. Vicus Capital now owns 8,715 shares of the company’s stock valued at $617,000 after acquiring an additional 1,051 shares during the last quarter. Callahan Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $203,000. Kingswood Wealth Advisors LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at approximately $955,000. Mayfair Advisory Group LLC raised its holdings in Schwab US Dividend Equity ETF by 9.7% in the third quarter. Mayfair Advisory Group LLC now owns 112,624 shares of the company’s stock valued at $7,968,000 after acquiring an additional 9,934 shares in the last quarter. Finally, Verus Financial Partners Inc. raised its holdings in Schwab US Dividend Equity ETF by 57.3% in the third quarter. Verus Financial Partners Inc. now owns 277,017 shares of the company’s stock valued at $19,480,000 after acquiring an additional 100,933 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.5 %

Schwab US Dividend Equity ETF stock traded up $0.39 during mid-day trading on Wednesday, hitting $77.38. The company had a trading volume of 2,998,347 shares, compared to its average volume of 3,585,418. The stock has a market cap of $54.13 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 1 year low of $66.67 and a 1 year high of $80.82. The business has a fifty day moving average of $78.32 and a 200 day moving average of $75.35.

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.