MOR Wealth Management LLC Has $3.54 Million Stock Holdings in Schwab US Dividend Equity ETF $SCHD

MOR Wealth Management LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 111,579 shares of the company’s stock after selling 21,279 shares during the period. Schwab US Dividend Equity ETF comprises about 1.4% of MOR Wealth Management LLC’s holdings, making the stock its 17th largest position. MOR Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,538,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHD. Cassaday & Co Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF by 52.2% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after purchasing an additional 3,170,728 shares during the last quarter. Paradiem LLC purchased a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth approximately $56,258,000. Cibc World Market Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares in the last quarter. Keudell Morrison Wealth Management purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $43,773,000. Finally, Baer Investment Advisory LLC bought a new stake in Schwab US Dividend Equity ETF during the first quarter worth $46,847,000.

Schwab US Dividend Equity ETF Trading Down 0.8%

Shares of NYSEARCA:SCHD opened at $34.80 on Friday. The stock has a market cap of $108.12 billion, a PE ratio of 14.57 and a beta of 0.68. The stock’s fifty day simple moving average is $33.63 and its two-hundred day simple moving average is $32.25. Schwab US Dividend Equity ETF has a 1-year low of $26.32 and a 1-year high of $35.31.

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.