MOR Wealth Management LLC Sells 15,888 Shares of Schwab US Dividend Equity ETF $SCHD

MOR Wealth Management LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 10.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 132,858 shares of the company’s stock after selling 15,888 shares during the quarter. Schwab US Dividend Equity ETF accounts for approximately 1.9% of MOR Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. MOR Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $4,076,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in Schwab US Dividend Equity ETF by 404.6% in the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Schwab US Dividend Equity ETF by 206.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares during the period. Bison Wealth LLC boosted its position in shares of Schwab US Dividend Equity ETF by 234.4% during the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares during the period. Goldman Sachs Group Inc. grew its position in Schwab US Dividend Equity ETF by 35.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock valued at $16,579,000 after acquiring an additional 155,769 shares during the last quarter. Finally, United Bank grew its stake in Schwab US Dividend Equity ETF by 5.0% in the 2nd quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after acquiring an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Trading Up 1.7%

SCHD opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a 12-month low of $26.21 and a 12-month high of $32.92. The business’s fifty day simple moving average is $32.04 and its 200-day simple moving average is $30.70. The company has a market capitalization of $97.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.