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

Orgel Wealth Management LLC decreased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 349,405 shares of the company’s stock after selling 46,308 shares during the period. Schwab US Dividend Equity ETF accounts for 0.2% of Orgel Wealth Management LLC’s holdings, making the stock its 27th biggest position. Orgel Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $9,584,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after buying an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Schwab US Dividend Equity ETF by 206.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after purchasing an additional 51,696 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after buying an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after buying an additional 155,769 shares during the last quarter. Finally, United Bank lifted its stake in shares of Schwab US Dividend Equity ETF by 5.0% during the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after buying an additional 9,351 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.7%

NYSEARCA:SCHD opened at $30.39 on Friday. The company has a market capitalization of $79.93 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $31.95. The firm has a fifty day simple moving average of $30.57 and a 200-day simple moving average of $28.44.

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.