Orgel Wealth Management LLC Sells 46,308 Shares of Schwab US Dividend Equity ETF $SCHD

Orgel Wealth Management LLC trimmed its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 349,405 shares of the company’s stock after selling 46,308 shares during the quarter. Schwab US Dividend Equity ETF makes up approximately 0.2% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. Orgel Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,584,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Rakuten Investment Management Inc. bought a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $1,127,144,000. Sumitomo Life Insurance Co. purchased a new position in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at $847,665,000. Osaic Holdings Inc. raised its position in shares of 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 acquiring an additional 1,217,005 shares in the last quarter. Avantax Planning Partners Inc. raised its position in shares of Schwab US Dividend Equity ETF by 3.0% in the 3rd quarter. Avantax Planning Partners Inc. now owns 9,739,675 shares of the company’s stock worth $265,893,000 after acquiring an additional 280,277 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 18.0% during the 3rd quarter. Cerity Partners LLC now owns 6,599,938 shares of the company’s stock worth $180,178,000 after purchasing an additional 1,005,469 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $30.39 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The stock’s 50-day moving average is $30.57 and its 200 day moving average is $28.44. The company has a market cap of $79.93 billion, a P/E ratio of 14.57 and a beta of 0.77.

About Schwab US Dividend Equity ETF

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.