Loudon Investment Management LLC Buys 22,559 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Loudon Investment Management LLC raised its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 266.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,021 shares of the company’s stock after purchasing an additional 22,559 shares during the period. Loudon Investment Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $847,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in Schwab US Dividend Equity ETF in the 3rd quarter valued at $34,000. Hobbs Group Advisors LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $68,000. Prospera Private Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth about $73,000. Central Pacific Bank Trust Division lifted its holdings in shares of Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock worth $25,000 after acquiring an additional 604 shares during the period. Finally, Hoese & Co LLP bought a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth about $26,000.

Schwab US Dividend Equity ETF Stock Performance

NYSEARCA:SCHD opened at $27.95 on Friday. The company has a 50-day moving average of $27.94 and a 200-day moving average of $28.13. The company has a market capitalization of $69.32 billion, a price-to-earnings ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

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.