Orographic Financial Advisors LLC Acquires New Shares in Schwab US Dividend Equity ETF $SCHD

Orographic Financial Advisors LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 136,232 shares of the company’s stock, valued at approximately $4,179,000. Schwab US Dividend Equity ETF comprises about 3.0% of Orographic Financial Advisors LLC’s holdings, making the stock its 5th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHD. Brighton Jones LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 404.6% during the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after purchasing an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Dividend Equity ETF by 206.9% in 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 increased its stake in shares of Schwab US Dividend Equity ETF by 234.4% in 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. raised its holdings 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 buying an additional 155,769 shares during the last quarter. Finally, United Bank raised its holdings 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 valued at $5,186,000 after buying an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $33.41 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $34.24. The company has a market cap of $103.19 billion, a PE ratio of 14.57 and a beta of 0.68. The firm’s 50 day simple moving average is $32.50 and its 200 day simple moving average is $31.42.

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.