ORG Partners LLC Grows Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

ORG Partners LLC raised its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 199.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,934 shares of the company’s stock after buying an additional 180,446 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.0% of ORG Partners LLC’s holdings, making the stock its 29th largest position. ORG Partners LLC’s holdings in Schwab US Dividend Equity ETF were worth $7,402,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new stake in Schwab US Dividend Equity ETF in the second quarter worth $72,000. Coldstream Capital Management Inc. increased its holdings in shares of Schwab US Dividend Equity ETF by 6.9% in the second quarter. Coldstream Capital Management Inc. now owns 11,056 shares of the company’s stock valued at $860,000 after purchasing an additional 715 shares during the period. Headlands Technologies LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 212.5% in the 2nd quarter. Headlands Technologies LLC now owns 12,195 shares of the company’s stock valued at $948,000 after acquiring an additional 8,293 shares during the last quarter. Fortune Financial Advisors LLC grew its holdings in Schwab US Dividend Equity ETF by 36.1% during the second quarter. Fortune Financial Advisors LLC now owns 12,246 shares of the company’s stock worth $952,000 after acquiring an additional 3,251 shares during the period. Finally, Montis Financial LLC boosted its position in Schwab US Dividend Equity ETF by 67.8% during the second quarter. Montis Financial LLC now owns 31,329 shares of the company’s stock worth $2,436,000 after purchasing an additional 12,656 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock traded down $0.29 during trading on Friday, reaching $27.03. 5,374,221 shares of the company were exchanged, compared to its average volume of 14,331,169. The company has a market capitalization of $18.96 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $24.97 and a 52-week high of $29.72. The stock’s 50 day simple moving average is $28.31 and its two-hundred day simple moving average is $27.74.

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.