Schwab US Dividend Equity ETF $SCHD Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 28.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,227,461 shares of the company’s stock after selling 894,660 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.09% of Schwab US Dividend Equity ETF worth $60,810,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHD. Biltmore Family Office LLC grew its holdings in Schwab US Dividend Equity ETF by 116.4% in the third quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. PrairieView Partners LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 57.3% during the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock worth $33,000 after purchasing an additional 467 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new stake in Schwab US Dividend Equity ETF in the 2nd quarter worth approximately $39,000. Independence Bank of Kentucky purchased a new stake in shares of Schwab US Dividend Equity ETF in the third quarter valued at $41,000. Finally, True Wealth Design LLC grew its holdings in Schwab US Dividend Equity ETF by 42.9% in the 3rd quarter. True Wealth Design LLC now owns 1,500 shares of the company’s stock valued at $41,000 after buying an additional 450 shares during the period.

Schwab US Dividend Equity ETF Trading Down 0.2%

Shares of SCHD opened at $29.30 on Thursday. The stock’s fifty day simple moving average is $27.96 and its 200 day simple moving average is $27.44. The firm has a market capitalization of $76.92 billion, a P/E ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $29.49.

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.