Mesirow Financial Investment Management Inc. Sells 159,194 Shares of Schwab US Dividend Equity ETF $SCHD

Mesirow Financial Investment Management Inc. decreased its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 34.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 304,087 shares of the company’s stock after selling 159,194 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Schwab US Dividend Equity ETF were worth $8,341,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SCHD. Brighton Jones LLC grew its stake in shares of Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after purchasing an additional 84,262 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock worth $2,095,000 after purchasing an additional 51,696 shares during the last quarter. Bison Wealth LLC grew its stake in shares of Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock worth $12,059,000 after purchasing an additional 309,400 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares during the last quarter. Finally, United Bank grew its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.0%

Shares of SCHD opened at $31.75 on Thursday. The stock has a market capitalization of $90.13 billion, a P/E ratio of 14.57 and a beta of 0.68. The firm’s fifty day simple moving average is $31.00 and its two-hundred day simple moving average is $29.41. Schwab US Dividend Equity ETF has a 12 month low of $25.69 and a 12 month high of $32.13.

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.