Midwest Trust Co Sells 210,996 Shares of Schwab US Dividend Equity ETF $SCHD

Midwest Trust Co lessened its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 30.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 473,275 shares of the company’s stock after selling 210,996 shares during the period. Midwest Trust Co’s holdings in Schwab US Dividend Equity ETF were worth $14,520,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SCHD. Cassaday & Co Wealth Management LLC lifted its stake in shares of Schwab US Dividend Equity ETF by 52.2% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 9,244,248 shares of the company’s stock worth $253,570,000 after buying an additional 3,170,728 shares during the last quarter. Cibc World Market Inc. grew its stake in Schwab US Dividend Equity ETF by 31.8% in the 4th quarter. Cibc World Market Inc. now owns 7,022,759 shares of the company’s stock valued at $192,634,000 after buying an additional 1,694,144 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in Schwab US Dividend Equity ETF in the 4th quarter worth $43,773,000. Baer Investment Advisory LLC acquired a new position in Schwab US Dividend Equity ETF during the 1st quarter worth $46,847,000. Finally, Evergreen Advisors LLC acquired a new position in Schwab US Dividend Equity ETF during the 4th quarter worth $41,630,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of NYSEARCA:SCHD opened at $32.40 on Monday. The stock’s 50-day moving average is $32.17 and its 200-day moving average is $30.91. The company has a market cap of $98.40 billion, a P/E ratio of 14.57 and a beta of 0.68. Schwab US Dividend Equity ETF has a 52-week low of $26.21 and a 52-week high of $32.92.

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.