Milestone Asset Management LLC Acquires 100,981 Shares of Schwab US Dividend Equity ETF $SCHD

Milestone Asset Management LLC grew its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 163.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 162,920 shares of the company’s stock after buying an additional 100,981 shares during the quarter. Milestone Asset Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,300,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. KOM Wealth Management Group LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth $845,000. NFSG Corp lifted its position in shares of Schwab US Dividend Equity ETF by 79.8% during the third quarter. NFSG Corp now owns 5,094 shares of the company’s stock worth $166,000 after purchasing an additional 2,261 shares during the last quarter. Guyasuta Investment Advisors Inc. bought a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth $4,097,000. Whitener Capital Management Inc. purchased a new stake in shares of Schwab US Dividend Equity ETF during the third quarter valued at $2,219,000. Finally, R2 Capital Strategies LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 4.2% during the third quarter. R2 Capital Strategies LLC now owns 29,053 shares of the company’s stock valued at $945,000 after purchasing an additional 1,161 shares during the period.

Schwab US Dividend Equity ETF Trading Up 1.2%

NYSEARCA SCHD opened at $34.10 on Friday. The company’s 50-day moving average price is $34.00 and its 200-day moving average price is $32.74. The stock has a market cap of $113.92 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31.

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.