2,200,097 Shares in Schwab US Dividend Equity ETF $SCHD Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,200,097 shares of the company’s stock, valued at approximately $71,569,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.07% of Schwab US Dividend Equity ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. D.A. Davidson & CO. bought a new stake in shares of Schwab US Dividend Equity ETF in the third quarter worth approximately $79,998,000. Brookstone Capital Management bought a new position in Schwab US Dividend Equity ETF during the third quarter valued at approximately $71,011,000. Summit Financial Wealth Advisors LLC purchased a new stake in Schwab US Dividend Equity ETF in the third quarter worth approximately $63,803,000. BOKF NA bought a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at $60,243,000. Finally, Paradiem LLC bought a new position in shares of Schwab US Dividend Equity ETF during the 1st quarter valued at $56,258,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $35.78 on Monday. The company has a market cap of $120.80 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The business’s 50-day moving average is $34.13 and its two-hundred day moving average is $32.32. Schwab US Dividend Equity ETF has a fifty-two week low of $26.32 and a fifty-two week high of $36.10.

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.