Mirae Asset Global Investments Co. Ltd. Acquires New Holdings in Schwab US Dividend Equity ETF $SCHD

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,200,097 shares of the company’s stock, valued at approximately $71,569,000.

A number of other large investors have also recently made changes to their positions in SCHD. Envestnet Asset Management Inc. grew its stake in Schwab US Dividend Equity ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,667,059 shares of the company’s stock worth $560,222,000 after acquiring an additional 354,983 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in Schwab US Dividend Equity ETF by 3.5% in the first quarter. Cassaday & Co Wealth Management LLC now owns 9,569,026 shares of the company’s stock valued at $293,578,000 after purchasing an additional 324,778 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Schwab US Dividend Equity ETF by 8.3% during the 1st quarter. Royal Bank of Canada now owns 8,655,941 shares of the company’s stock worth $265,563,000 after acquiring an additional 660,876 shares in the last quarter. Keystone Financial Planning Inc. lifted its holdings in shares of Schwab US Dividend Equity ETF by 0.5% during the 3rd quarter. Keystone Financial Planning Inc. now owns 6,279,518 shares of the company’s stock valued at $204,273,000 after purchasing an additional 29,169 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Schwab US Dividend Equity ETF by 3.7% in the first quarter. Kestra Advisory Services LLC now owns 3,523,127 shares of the company’s stock worth $108,090,000 after acquiring an additional 126,902 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA SCHD opened at $35.78 on Monday. Schwab US Dividend Equity ETF has a 1 year low of $26.32 and a 1 year high of $36.10. The company has a market cap of $120.80 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68. The stock’s fifty day moving average price is $34.13 and its 200 day moving average price is $32.32.

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.