Corient Private Wealth LLC Has $27.48 Million Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Corient Private Wealth LLC trimmed its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,005,987 shares of the company’s stock after selling 481,069 shares during the quarter. Corient Private Wealth LLC’s holdings in Schwab US Dividend Equity ETF were worth $27,484,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SCHD. JPMorgan Chase & Co. grew its holdings in shares of Schwab US Dividend Equity ETF by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after purchasing an additional 104,855 shares during the last quarter. GAMMA Investing LLC grew its stake in Schwab US Dividend Equity ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock worth $266,000 after buying an additional 6,502 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $163,000. Tenon Financial LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 200.1% during the fourth quarter. Tenon Financial LLC now owns 15,121 shares of the company’s stock worth $412,000 after buying an additional 10,082 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 195.0% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 26,180 shares of the company’s stock valued at $715,000 after acquiring an additional 17,305 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $27.92 on Wednesday. The firm has a market cap of $69.24 billion, a PE ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a one year low of $25.18 and a one year high of $29.72. The stock’s 50 day simple moving average is $27.91 and its 200 day simple moving average is $28.13.

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.