First Merchants Corp Cuts Stock Position in Schwab US Dividend Equity ETF $SCHD

First Merchants Corp lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 321,105 shares of the company’s stock after selling 80,338 shares during the quarter. First Merchants Corp’s holdings in Schwab US Dividend Equity ETF were worth $8,509,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Opal Wealth Advisors LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $27,000. Kozak & Associates Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 476.1% during the second quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock worth $31,000 after purchasing an additional 938 shares during the last quarter. Financial Management Professionals Inc. raised its stake in shares of Schwab US Dividend Equity ETF by 241.9% during the second quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock worth $34,000 after purchasing an additional 907 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Schwab US Dividend Equity ETF during the first quarter worth approximately $38,000. Finally, Optimum Investment Advisors raised its stake in shares of Schwab US Dividend Equity ETF by 57.6% during the first quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock worth $39,000 after purchasing an additional 505 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Schwab US Dividend Equity ETF stock opened at $27.18 on Thursday. Schwab US Dividend Equity ETF has a 12 month low of $23.87 and a 12 month high of $29.72. The business has a 50 day simple moving average of $27.34 and a 200-day simple moving average of $26.76. The stock has a market capitalization of $71.22 billion, a PE ratio of 14.57 and a beta of 0.88.

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.