D Orazio & Associates Inc. Decreases Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

D Orazio & Associates Inc. lessened its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,522 shares of the company’s stock after selling 1,826 shares during the period. D Orazio & Associates Inc.’s holdings in Schwab US Dividend Equity ETF were worth $1,171,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SCHD. Central Pacific Bank Trust Division purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $25,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $26,000. Voisard Asset Management Group Inc. purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $29,000. Signature Resources Capital Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $32,000. Finally, Westside Investment Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the 1st quarter worth $32,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded down $0.76 during midday trading on Thursday, reaching $81.56. The stock had a trading volume of 3,671,410 shares, compared to its average volume of 3,300,024. The stock has a market cap of $57.21 billion, a PE ratio of 15.04 and a beta of 0.74. The firm has a fifty day simple moving average of $78.33 and a two-hundred day simple moving average of $77.86. Schwab US Dividend Equity ETF has a 52-week low of $66.67 and a 52-week high of $82.94.

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.