Corient Private Wealth LLC Sells 481,069 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Corient Private Wealth LLC lowered its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 32.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,005,987 shares of the company’s stock after selling 481,069 shares during the quarter. Corient Private Wealth LLC owned about 0.14% of Schwab US Dividend Equity ETF worth $27,484,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SCHD. Phillips Financial Management LLC boosted its position in Schwab US Dividend Equity ETF by 144.8% during the third quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock worth $56,000 after purchasing an additional 391 shares during the period. Drive Wealth Management LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $286,000. Joseph Group Capital Management lifted its holdings in shares of Schwab US Dividend Equity ETF by 6.1% during the third quarter. Joseph Group Capital Management now owns 105,104 shares of the company’s stock worth $8,884,000 after buying an additional 6,047 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 9.4% during the third quarter. Pathstone Holdings LLC now owns 297,740 shares of the company’s stock worth $25,168,000 after buying an additional 25,612 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its holdings in shares of Schwab US Dividend Equity ETF by 11.7% during the third quarter. Fifth Third Wealth Advisors LLC now owns 66,316 shares of the company’s stock worth $5,606,000 after buying an additional 6,933 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of SCHD stock opened at $27.92 on Wednesday. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72. The firm has a market cap of $69.24 billion, a PE ratio of 17.56 and a beta of 0.86. The stock has a 50 day moving average of $27.91 and a 200-day moving average of $28.13.

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.