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

Mirae Asset Global Investments Co. Ltd. raised its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 627.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,511,823 shares of the company’s stock after acquiring an additional 2,166,295 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Schwab US Dividend Equity ETF were worth $68,991,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division lifted its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares during the period. Hoese & Co LLP acquired a new position in shares of Schwab US Dividend Equity ETF during the 4th quarter worth $26,000. IFS Advisors LLC raised its stake in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the last quarter. Kennebec Savings Bank acquired a new position in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth $31,000. Finally, Olistico Wealth LLC raised its stake in shares of Schwab US Dividend Equity ETF by 202.2% during the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock worth $31,000 after buying an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Up 0.1 %

NYSEARCA:SCHD opened at $27.76 on Wednesday. The company has a market capitalization of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a 52-week low of $25.16 and a 52-week high of $29.72. The stock has a fifty day simple moving average of $27.98 and a 200-day simple moving average of $27.97.

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.