First Merchants Corp Cuts Holdings in Schwab International Dividend Equity ETF $SCHY

First Merchants Corp trimmed its holdings in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 41.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,014 shares of the company’s stock after selling 67,894 shares during the quarter. First Merchants Corp’s holdings in Schwab International Dividend Equity ETF were worth $2,653,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in Schwab International Dividend Equity ETF in the first quarter valued at approximately $26,000. Carolina Wealth Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF in the second quarter valued at approximately $30,000. Farther Finance Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF in the second quarter valued at approximately $32,000. Breakwater Investment Management boosted its stake in Schwab International Dividend Equity ETF by 37.5% in the second quarter. Breakwater Investment Management now owns 1,463 shares of the company’s stock valued at $40,000 after acquiring an additional 399 shares in the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in Schwab International Dividend Equity ETF in the first quarter valued at approximately $56,000.

Schwab International Dividend Equity ETF Stock Up 0.1%

Shares of SCHY opened at $27.99 on Thursday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 14.06 and a beta of 0.64. Schwab International Dividend Equity ETF has a twelve month low of $22.81 and a twelve month high of $28.66. The company has a 50 day moving average of $28.00 and a two-hundred day moving average of $27.03.

Schwab International Dividend Equity ETF Profile

The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility.