Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Stock Position Decreased by First Merchants Corp

First Merchants Corp decreased its holdings in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 401,443 shares of the company’s stock after selling 20,661 shares during the quarter. First Merchants Corp’s holdings in Schwab US Dividend Equity ETF were worth $11,224,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Nadler Financial Group Inc. increased its position in Schwab US Dividend Equity ETF by 0.4% in the first quarter. Nadler Financial Group Inc. now owns 1,101,407 shares of the company’s stock worth $30,795,000 after buying an additional 4,143 shares during the period. HighMark Wealth Management LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 1,874.1% during the first quarter. HighMark Wealth Management LLC now owns 3,731 shares of the company’s stock valued at $104,000 after acquiring an additional 3,542 shares during the period. Investment Advisory Services Inc. TX ADV grew its position in shares of Schwab US Dividend Equity ETF by 4.2% during the first quarter. Investment Advisory Services Inc. TX ADV now owns 512,581 shares of the company’s stock worth $14,332,000 after acquiring an additional 20,689 shares during the last quarter. Kraft Davis & Associates LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the 1st quarter worth about $4,712,000. Finally, KG&L Capital Management LLC bought a new stake in Schwab US Dividend Equity ETF in the 1st quarter valued at about $322,000.

Schwab US Dividend Equity ETF Stock Up 0.7%

Schwab US Dividend Equity ETF stock opened at $26.39 on Friday. Schwab US Dividend Equity ETF has a 52-week low of $23.87 and a 52-week high of $29.72. The firm has a market capitalization of $68.78 billion, a price-to-earnings ratio of 14.34 and a beta of 0.88. The firm has a 50-day moving average price of $26.19 and a two-hundred day moving average price of $27.03.

About Schwab US Dividend Equity ETF

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.