Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Purchased by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 200.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,153 shares of the company’s stock after acquiring an additional 10,102 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $414,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the last quarter. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 294.3% during the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock worth $28,000 after purchasing an additional 777 shares in the last quarter. IFS Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after purchasing an additional 699 shares in the last quarter. Finally, Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the third quarter worth about $31,000.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $28.21 on Monday. The stock’s 50-day moving average is $27.69 and its two-hundred day moving average is $28.05. The stock has a market cap of $69.11 billion, a PE ratio of 17.48 and a beta of 0.88. Schwab US Dividend Equity ETF has a 12 month low of $25.18 and a 12 month high of $29.72.

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.