Orgel Wealth Management LLC Grows Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Orgel Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,520,110 shares of the company’s stock after acquiring an additional 457,867 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 8.4% of Orgel Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Orgel Wealth Management LLC owned 0.45% of Schwab US Dividend Equity ETF worth $322,102,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SCHD. Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. Ritter Daniher Financial Advisory LLC DE now owns 975 shares of the company’s stock valued at $27,000 after purchasing an additional 650 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its position in shares of Schwab US Dividend Equity ETF by 294.3% in the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. PFG Private Wealth Management LLC boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after acquiring an additional 686 shares in the last quarter. Mountain Hill Investment Partners Corp. bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Finally, Morton Brown Family Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Morton Brown Family Wealth LLC now owns 1,152 shares of the company’s stock worth $31,000 after acquiring an additional 768 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $26.65 on Tuesday. The firm has a market cap of $69.29 billion, a PE ratio of 15.93 and a beta of 0.82. The stock has a 50-day moving average price of $25.83 and a 200-day moving average price of $27.23. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.72.

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.