Allied Investment Advisors LLC Buys 101,274 Shares of Schwab US Dividend Equity ETF $SCHD

Allied Investment Advisors LLC lifted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,632,590 shares of the company’s stock after acquiring an additional 101,274 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 7.6% of Allied Investment Advisors LLC’s portfolio, making the stock its biggest holding. Allied Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $43,264,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Kozak & Associates Inc. boosted its stake in Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after buying an additional 938 shares during the last quarter. PrairieView Partners LLC boosted its stake in Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after buying an additional 467 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after buying an additional 907 shares during the last quarter. Cooksen Wealth LLC acquired a new stake in Schwab US Dividend Equity ETF in the 1st quarter worth about $38,000. Finally, Optimum Investment Advisors boosted its stake in Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after buying an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $27.03 on Friday. The stock’s 50-day moving average price is $27.34 and its two-hundred day moving average price is $26.74. Schwab US Dividend Equity ETF has a 12-month low of $23.87 and a 12-month high of $29.72. The firm has a market cap of $70.07 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88.

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.