191,136 Shares of Schwab US Dividend Equity ETF $SCHD Purchased by First Merchants Corp

First Merchants Corp acquired a new position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 191,136 shares of the company’s stock, valued at approximately $6,218,000.

A number of other institutional investors have also recently bought and sold shares of SCHD. Triumph Capital Management grew its stake in Schwab US Dividend Equity ETF by 14.6% during the 3rd quarter. Triumph Capital Management now owns 2,389 shares of the company’s stock valued at $78,000 after acquiring an additional 305 shares in the last quarter. Gemmer Asset Management LLC increased its holdings in shares of Schwab US Dividend Equity ETF by 1.5% in the 2nd quarter. Gemmer Asset Management LLC now owns 21,618 shares of the company’s stock valued at $686,000 after purchasing an additional 317 shares during the period. MeadowBrook Investment Advisors LLC lifted its position in shares of Schwab US Dividend Equity ETF by 3.3% in the first quarter. MeadowBrook Investment Advisors LLC now owns 10,182 shares of the company’s stock worth $312,000 after purchasing an additional 325 shares in the last quarter. FC Advisory LLC lifted its position in shares of Schwab US Dividend Equity ETF by 1.8% in the third quarter. FC Advisory LLC now owns 19,234 shares of the company’s stock worth $626,000 after purchasing an additional 336 shares in the last quarter. Finally, Semus Wealth Partners LLC lifted its position in shares of Schwab US Dividend Equity ETF by 0.7% in the first quarter. Semus Wealth Partners LLC now owns 51,317 shares of the company’s stock worth $1,574,000 after purchasing an additional 347 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock opened at $34.10 on Friday. The stock has a market cap of $113.92 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm has a 50 day simple moving average of $34.00 and a 200 day simple moving average of $32.74. Schwab US Dividend Equity ETF has a 52 week low of $26.32 and a 52 week high of $35.31.

Schwab US Dividend Equity ETF 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.