Schwab US Dividend Equity ETF $SCHD Shares Purchased by Allied Investment Advisors LLC

Allied Investment Advisors LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,708,261 shares of the company’s stock after buying an additional 75,671 shares during the quarter. Schwab US Dividend Equity ETF makes up about 7.4% of Allied Investment Advisors LLC’s holdings, making the stock its biggest position. Allied Investment Advisors LLC owned about 0.07% of Schwab US Dividend Equity ETF worth $46,636,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of SCHD. Rakuten Investment Management Inc. purchased a new stake in Schwab US Dividend Equity ETF during the 3rd quarter worth about $1,127,144,000. RMG Wealth Management LLC purchased a new position in Schwab US Dividend Equity ETF in the 2nd quarter valued at about $132,621,000. Osaic Holdings Inc. boosted its stake in shares of Schwab US Dividend Equity ETF by 12.1% during the 2nd quarter. Osaic Holdings Inc. now owns 11,264,610 shares of the company’s stock worth $298,684,000 after purchasing an additional 1,217,005 shares during the last quarter. DDD Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 3,673.0% during the second quarter. DDD Partners LLC now owns 1,196,005 shares of the company’s stock worth $31,694,000 after buying an additional 1,164,306 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 19,215,884 shares of the company’s stock worth $509,221,000 after buying an additional 1,083,206 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $29.82 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $29.82. The company’s 50 day simple moving average is $28.07 and its 200 day simple moving average is $27.48. The company has a market capitalization of $78.36 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.