Milestone Investment Advisors LLC Sells 28,602 Shares of Schwab US Dividend Equity ETF $SCHD

Milestone Investment Advisors LLC lowered its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 11.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 217,657 shares of the company’s stock after selling 28,602 shares during the quarter. Schwab US Dividend Equity ETF comprises approximately 1.5% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Milestone Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,942,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. First Command Advisory Services Inc. boosted its position in shares of Schwab US Dividend Equity ETF by 7.6% during the third quarter. First Command Advisory Services Inc. now owns 1,107,033 shares of the company’s stock valued at $30,222,000 after buying an additional 77,785 shares during the last quarter. BG Investment Services Inc. grew its holdings in Schwab US Dividend Equity ETF by 82.8% during the third quarter. BG Investment Services Inc. now owns 62,076 shares of the company’s stock worth $1,695,000 after buying an additional 28,109 shares in the last quarter. DMKC Advisory Services LLC raised its position in Schwab US Dividend Equity ETF by 10.6% in the 3rd quarter. DMKC Advisory Services LLC now owns 219,680 shares of the company’s stock valued at $5,997,000 after buying an additional 20,989 shares during the last quarter. Insight Inv LLC bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at $682,000. Finally, JPMorgan Chase & Co. lifted its stake in Schwab US Dividend Equity ETF by 2.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,616,851 shares of the company’s stock valued at $126,040,000 after acquiring an additional 95,857 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

SCHD opened at $30.87 on Tuesday. Schwab US Dividend Equity ETF has a 1 year low of $23.87 and a 1 year high of $31.95. The company has a market capitalization of $81.20 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. The firm’s fifty day moving average price is $30.38 and its two-hundred day moving average price is $28.37.

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.