Schwab US Dividend Equity ETF $SCHD Shares Bought by Millstone Evans Group LLC

Millstone Evans Group LLC raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 152.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,943 shares of the company’s stock after buying an additional 22,299 shares during the period. Schwab US Dividend Equity ETF makes up approximately 0.7% of Millstone Evans Group LLC’s portfolio, making the stock its 27th largest position. Millstone Evans Group LLC’s holdings in Schwab US Dividend Equity ETF were worth $1,133,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cassaday & Co Wealth Management LLC raised its stake in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock valued at $253,570,000 after acquiring an additional 3,170,728 shares in the last quarter. Cibc World Market Inc. boosted its holdings in Schwab US Dividend Equity ETF by 31.8% in the fourth quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after purchasing an additional 1,694,144 shares during the period. Keudell Morrison Wealth Management acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth $43,773,000. Baer Investment Advisory LLC acquired a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $46,847,000. Finally, Evergreen Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF during the 4th quarter worth about $41,630,000.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $32.26 on Friday. The company has a market cap of $97.68 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s 50-day moving average is $32.15 and its two-hundred day moving average is $30.87. Schwab US Dividend Equity ETF has a 1-year low of $26.21 and a 1-year high of $32.92.

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.