Schwab US Dividend Equity ETF $SCHD Stock: Orgel Wealth Management LLC Reduces Stake

Orgel Wealth Management LLC lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 272,367 shares of the company’s stock after selling 21,036 shares during the period. Orgel Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,860,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Cahill Financial Advisors Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 6.2% during the second quarter. Cahill Financial Advisors Inc. now owns 379,548 shares of the company’s stock valued at $12,035,000 after buying an additional 22,218 shares during the period. Dominguez Wealth Management Solutions Inc. lifted its stake in Schwab US Dividend Equity ETF by 434.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 209,188 shares of the company’s stock worth $6,805,000 after acquiring an additional 170,021 shares during the period. Bangor Savings Bank purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth about $2,480,000. HB Wealth Management LLC lifted its stake in Schwab US Dividend Equity ETF by 8.4% in the second quarter. HB Wealth Management LLC now owns 1,780,558 shares of the company’s stock worth $56,462,000 after acquiring an additional 137,402 shares during the period. Finally, Rockefeller Capital Management L.P. grew its holdings in Schwab US Dividend Equity ETF by 18.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 523,834 shares of the company’s stock worth $14,369,000 after acquiring an additional 82,981 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA SCHD opened at $33.71 on Thursday. The company has a market capitalization of $112.62 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s 50-day simple moving average is $34.00 and its two-hundred day simple moving average is $32.71. Schwab US Dividend Equity ETF has a one year low of $26.32 and a one year high of $35.31.

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.