Schwab US Dividend Equity ETF $SCHD is Allied Investment Advisors LLC’s Largest Position

Allied Investment Advisors LLC boosted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 6.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,632,590 shares of the company’s stock after acquiring an additional 101,274 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 7.6% of Allied Investment Advisors LLC’s portfolio, making the stock its biggest holding. Allied Investment Advisors LLC owned about 0.06% of Schwab US Dividend Equity ETF worth $43,264,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Schwab US Dividend Equity ETF in the second quarter valued at $1,031,129,000. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 6.8% in the first quarter. LPL Financial LLC now owns 38,785,482 shares of the company’s stock valued at $1,084,442,000 after buying an additional 2,470,706 shares in the last quarter. Wealthspire Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 95.2% in the first quarter. Wealthspire Advisors LLC now owns 29,554,836 shares of the company’s stock valued at $826,353,000 after buying an additional 14,410,724 shares in the last quarter. Avantax Advisory Services Inc. increased its position in shares of Schwab US Dividend Equity ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 27,640,926 shares of the company’s stock valued at $772,840,000 after buying an additional 1,637,300 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Ameriprise Financial Inc. now owns 17,539,875 shares of the company’s stock valued at $491,196,000 after buying an additional 113,330 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $27.03 on Friday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market cap of $70.07 billion, a P/E ratio of 14.57 and a beta of 0.88. The business has a fifty day simple moving average of $27.34 and a 200-day simple moving average of $26.74.

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.