Schwab US Dividend Equity ETF $SCHD Shares Sold by Orion Capital Management LLC

Orion Capital Management LLC decreased its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 14.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 96,008 shares of the company’s stock after selling 16,499 shares during the period. Schwab US Dividend Equity ETF comprises about 1.0% of Orion Capital Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Orion Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,044,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SCHD. Merrithew & Thorsten Inc acquired a new stake in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $25,000. Byrne Asset Management LLC bought a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $27,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Schwab US Dividend Equity ETF in the 4th quarter worth approximately $29,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at approximately $32,000.

Schwab US Dividend Equity ETF Trading Up 0.6%

SCHD stock opened at $35.01 on Thursday. The firm has a market cap of $108.77 billion, a P/E ratio of 14.57 and a beta of 0.67. Schwab US Dividend Equity ETF has a 12-month low of $26.32 and a 12-month high of $35.31. The stock’s 50 day simple moving average is $33.51 and its 200 day simple moving average is $32.21.

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.