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

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 627.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,511,823 shares of the company’s stock after purchasing an additional 2,166,295 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.36% of Schwab US Dividend Equity ETF worth $68,991,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Sumitomo Life Insurance Co. increased its stake in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Sumitomo Life Insurance Co. now owns 26,820,000 shares of the company’s stock valued at $732,722,000 after purchasing an additional 17,880,000 shares during the last quarter. LPL Financial LLC increased its stake in Schwab US Dividend Equity ETF by 3.1% in the third quarter. LPL Financial LLC now owns 11,531,390 shares of the company’s stock valued at $974,748,000 after purchasing an additional 350,872 shares during the last quarter. Orgel Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF by 159.8% in the fourth quarter. Orgel Wealth Management LLC now owns 11,062,243 shares of the company’s stock valued at $302,220,000 after purchasing an additional 6,804,908 shares during the last quarter. Keystone Financial Planning Inc. increased its stake in Schwab US Dividend Equity ETF by 188.6% in the fourth quarter. Keystone Financial Planning Inc. now owns 5,365,627 shares of the company’s stock valued at $146,589,000 after purchasing an additional 3,506,729 shares during the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in Schwab US Dividend Equity ETF by 207.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 4,872,578 shares of the company’s stock valued at $133,119,000 after purchasing an additional 3,286,917 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Up 0.1 %

Shares of SCHD opened at $27.76 on Wednesday. The firm has a market cap of $19.47 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s 50 day simple moving average is $27.98 and its 200-day simple moving average is $27.97. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72.

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.