Loudon Investment Management LLC Boosts Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Loudon Investment Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 8.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,653 shares of the company’s stock after buying an additional 615 shares during the quarter. Loudon Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $595,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division acquired a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter worth approximately $25,000. CarsonAllaria Wealth Management Ltd. acquired a new position in Schwab US Dividend Equity ETF during the first quarter worth $26,000. Iron Horse Wealth Management LLC purchased a new position in shares of Schwab US Dividend Equity ETF during the second quarter worth $26,000. PFG Private Wealth Management LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the second quarter valued at $27,000. Finally, Olistico Wealth LLC acquired a new position in Schwab US Dividend Equity ETF during the 2nd quarter worth about $28,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded down $0.71 during mid-day trading on Friday, reaching $82.00. The company had a trading volume of 3,280,409 shares, compared to its average volume of 3,212,953. The firm has a fifty day simple moving average of $81.00 and a 200 day simple moving average of $79.21. The company has a market capitalization of $57.52 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $66.67 and a fifty-two week high of $84.57.

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.