Mirae Asset Global Investments Co. Ltd. Boosts Stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 38,403 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC grew its holdings in Schwab US Dividend Equity ETF by 115.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 353 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Raleigh Capital Management Inc. acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $28,000. Howe & Rusling Inc. grew its holdings in Schwab US Dividend Equity ETF by 209.8% in the third quarter. Howe & Rusling Inc. now owns 508 shares of the company’s stock valued at $36,000 after purchasing an additional 344 shares during the last quarter. BlackRock Inc. grew its holdings in Schwab US Dividend Equity ETF by 464.5% in the second quarter. BlackRock Inc. now owns 525 shares of the company’s stock valued at $38,000 after purchasing an additional 432 shares during the last quarter. Finally, Carmel Capital Partners LLC acquired a new stake in Schwab US Dividend Equity ETF in the third quarter valued at $39,000.

Schwab US Dividend Equity ETF Stock Down 0.2 %

SCHD opened at $75.81 on Thursday. The firm has a market cap of $53.12 billion, a P/E ratio of 15.00 and a beta of 0.79. Schwab US Dividend Equity ETF has a 52 week low of $66.67 and a 52 week high of $80.82. The business’s fifty day simple moving average is $78.25 and its 200 day simple moving average is $74.86.

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.