Orion Capital Management LLC Purchases 87,813 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Orion Capital Management LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 208.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,863 shares of the company’s stock after purchasing an additional 87,813 shares during the period. Schwab US Dividend Equity ETF accounts for about 1.6% of Orion Capital Management LLC’s holdings, making the stock its 14th biggest position. Orion Capital Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $3,548,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $26,000. Ritter Daniher Financial Advisory LLC DE raised its stake in shares of Schwab US Dividend Equity ETF by 200.0% during 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 lifted its holdings in Schwab US Dividend Equity ETF by 294.3% during 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 stake in Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the period. Finally, Mountain Hill Investment Partners Corp. bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000.

Schwab US Dividend Equity ETF Trading Down 0.4%

Shares of Schwab US Dividend Equity ETF stock opened at $26.48 on Wednesday. The company’s 50-day moving average price is $26.29 and its 200-day moving average price is $27.50. The company has a market cap of $68.85 billion, a price-to-earnings ratio of 15.01 and a beta of 0.82. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72.

Schwab US Dividend Equity ETF 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.