Greenleaf Trust Acquires 2,491 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Greenleaf Trust increased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report) by 82.1% during the 4th quarter, HoldingsChannel reports. The fund owned 5,526 shares of the company’s stock after buying an additional 2,491 shares during the period. Greenleaf Trust’s holdings in Schwab US Dividend Equity ETF were worth $421,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Raleigh Capital Management Inc. purchased a new position in Schwab US Dividend Equity ETF in the third quarter worth about $28,000. Bear Mountain Capital Inc. purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $34,000. Howe & Rusling Inc. raised its holdings in shares of Schwab US Dividend Equity ETF by 209.8% during the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares during the last quarter. Carmel Capital Partners LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the third quarter valued at approximately $39,000. Finally, Venturi Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $44,000.

Schwab US Dividend Equity ETF Stock Up 0.6 %

SCHD opened at $77.72 on Wednesday. The firm has a 50 day moving average price of $78.25 and a 200-day moving average price of $75.11. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The stock has a market capitalization of $54.46 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

About Schwab US Dividend Equity ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SCHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Dividend Equity ETF (NYSEARCA:SCHDFree Report).

Institutional Ownership by Quarter for Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

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