Loudon Investment Management LLC Invests $491,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Loudon Investment Management LLC bought a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,941 shares of the company’s stock, valued at approximately $491,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. bought a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $228,390,000. International Assets Investment Management LLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter valued at about $89,561,000. LPL Financial LLC increased its holdings in Schwab US Dividend Equity ETF by 4.7% in the third quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock valued at $797,645,000 after purchasing an additional 503,970 shares during the last quarter. DDD Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 12,161.9% in the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock valued at $37,163,000 after purchasing an additional 484,167 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 34.1% in the third quarter. HighTower Advisors LLC now owns 1,874,088 shares of the company’s stock valued at $132,545,000 after purchasing an additional 476,951 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.4 %

NYSEARCA SCHD traded up $0.30 on Thursday, reaching $77.19. The company had a trading volume of 2,608,862 shares, compared to its average volume of 3,581,192. The stock’s 50 day moving average is $78.32 and its 200-day moving average is $75.37. The stock has a market cap of $54.00 billion, a price-to-earnings ratio of 14.82 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82.

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.