First Merchants Corp Sells 70,063 Shares of Schwab US Dividend Equity ETF $SCHD

First Merchants Corp trimmed its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 21.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,042 shares of the company’s stock after selling 70,063 shares during the period. First Merchants Corp’s holdings in Schwab US Dividend Equity ETF were worth $6,853,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Galvin Gaustad & Stein LLC increased its position in shares of Schwab US Dividend Equity ETF by 8.4% during the third quarter. Galvin Gaustad & Stein LLC now owns 49,850 shares of the company’s stock valued at $1,361,000 after purchasing an additional 3,860 shares during the period. Capital & Planning LLC boosted its stake in Schwab US Dividend Equity ETF by 92.4% during the third quarter. Capital & Planning LLC now owns 17,002 shares of the company’s stock worth $464,000 after buying an additional 8,164 shares in the last quarter. Barry Investment Advisors LLC increased its holdings in Schwab US Dividend Equity ETF by 8.8% in the 3rd quarter. Barry Investment Advisors LLC now owns 225,723 shares of the company’s stock valued at $6,162,000 after buying an additional 18,282 shares during the period. Ironwood Wealth Management LLC. raised its stake in shares of Schwab US Dividend Equity ETF by 43.5% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 29,396 shares of the company’s stock valued at $803,000 after buying an additional 8,904 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its holdings in shares of Schwab US Dividend Equity ETF by 7.4% during the 3rd quarter. North Star Investment Management Corp. now owns 76,618 shares of the company’s stock worth $2,092,000 after acquiring an additional 5,248 shares during the period.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.09 on Wednesday. The firm has a market cap of $73.28 billion, a P/E ratio of 14.57 and a beta of 0.77. The firm’s 50-day simple moving average is $27.32 and its 200-day simple moving average is $27.23. Schwab US Dividend Equity ETF has a twelve month low of $23.87 and a twelve month high of $28.84.

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.