Schwab US Dividend Equity ETF $SCHD Stock: Milestones Private Investment Advisors LLC Boosts Position

Milestones Private Investment Advisors LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.2% during the third quarter, HoldingsChannel.com reports. The firm owned 273,063 shares of the company’s stock after buying an additional 60,067 shares during the period. Schwab US Dividend Equity ETF makes up about 7.2% of Milestones Private Investment Advisors LLC’s portfolio, making the stock its 4th biggest holding. Milestones Private Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $8,883,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Financial Wealth Advisors LLC acquired a new stake in shares of Schwab US Dividend Equity ETF during the third quarter worth approximately $63,803,000. Paradiem LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth $56,258,000. Baer Investment Advisory LLC bought a new stake in shares of Schwab US Dividend Equity ETF in the first quarter worth $46,847,000. Stonehearth Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $31,481,000. Finally, Hengehold Capital Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $21,822,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $34.24 on Tuesday. Schwab US Dividend Equity ETF has a 12 month low of $26.32 and a 12 month high of $35.31. The company has a market capitalization of $114.53 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The company’s fifty day moving average price is $34.01 and its two-hundred day moving average price is $32.79.

About Schwab US Dividend Equity ETF

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.