Schwab US Dividend Equity ETF $SCHD Shares Sold by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 7.3% in the 1st quarter, Holdings Channel reports. The firm owned 195,375 shares of the company’s stock after selling 15,496 shares during the period. Schwab US Dividend Equity ETF accounts for approximately 1.4% of Milestone Investment Advisors LLC’s portfolio, making the stock its 23rd largest position. Milestone Investment Advisors LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,994,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. boosted its stake in Schwab US Dividend Equity ETF by 1,241.8% during the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after purchasing an additional 832 shares during the last quarter. Merrithew & Thorsten Inc purchased a new stake in shares of Schwab US Dividend Equity ETF during the fourth quarter worth $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at about $29,000. Finally, Triumph Capital Management purchased a new position in shares of Schwab US Dividend Equity ETF in the third quarter worth about $33,000.

Schwab US Dividend Equity ETF Trading Up 0.4%

SCHD opened at $32.34 on Thursday. The firm has a market capitalization of $98.42 billion, a PE ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a twelve month low of $26.21 and a twelve month high of $32.92. The firm’s 50-day moving average price is $32.20 and its 200 day moving average price is $31.01.

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.