Allied Investment Advisors LLC Raises Stake in Schwab US Dividend Equity ETF $SCHD

Allied Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,783,865 shares of the company’s stock after buying an additional 75,604 shares during the quarter. Schwab US Dividend Equity ETF accounts for about 7.6% of Allied Investment Advisors LLC’s investment portfolio, making the stock its largest position. Allied Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $48,931,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. grew its stake in Schwab US Dividend Equity ETF by 1,241.8% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after acquiring an additional 832 shares in the last quarter. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter worth approximately $25,000. Field & Main Bank bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at approximately $29,000. Finally, Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter valued at $33,000.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $32.83 on Tuesday. Schwab US Dividend Equity ETF has a 52-week low of $25.69 and a 52-week high of $32.88. The firm’s fifty day moving average is $31.17 and its 200 day moving average is $29.72. The company has a market cap of $93.19 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

Schwab US Dividend Equity ETF Company 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.