Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,403 shares of the company’s stock after acquiring an additional 9,041 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $2,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHD. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 104,751.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 52,654,527 shares of the company’s stock worth $3,977,523,000 after purchasing an additional 52,604,309 shares during the last quarter. LPL Financial LLC increased its position in shares of Schwab US Dividend Equity ETF by 4.7% during the 3rd quarter. LPL Financial LLC now owns 11,272,535 shares of the company’s stock worth $797,645,000 after purchasing an additional 503,970 shares during the last quarter. Charles Schwab Investment Advisory Inc. increased its position in shares of Schwab US Dividend Equity ETF by 3.7% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 8,927,261 shares of the company’s stock worth $704,272,000 after purchasing an additional 319,294 shares during the last quarter. Morgan Stanley increased its position in shares of Schwab US Dividend Equity ETF by 13.3% during the 4th quarter. Morgan Stanley now owns 7,736,874 shares of the company’s stock worth $584,444,000 after purchasing an additional 911,053 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in Schwab US Dividend Equity ETF by 3.7% during the 3rd quarter. Avantax Advisory Services Inc. now owns 7,458,984 shares of the company’s stock valued at $527,798,000 after acquiring an additional 266,516 shares during the period.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $75.81 on Thursday. The business has a 50-day moving average of $78.25 and a 200 day moving average of $74.86. Schwab US Dividend Equity ETF has a 12 month low of $66.67 and a 12 month high of $80.82. The stock has a market capitalization of $53.12 billion, a price-to-earnings ratio of 15.00 and a beta of 0.79.

Schwab US Dividend Equity ETF 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.