Apollon Wealth Management LLC Has $5.97 Million Position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Apollon Wealth Management LLC increased its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 218,320 shares of the company’s stock after acquiring an additional 148,076 shares during the period. Apollon Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,965,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of Schwab US Dividend Equity ETF by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,568,103 shares of the company’s stock worth $132,552,000 after buying an additional 104,855 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Schwab US Dividend Equity ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 9,753 shares of the company’s stock valued at $266,000 after purchasing an additional 6,502 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter valued at approximately $163,000. Synovus Financial Corp grew its holdings in shares of Schwab US Dividend Equity ETF by 148.1% during the 3rd quarter. Synovus Financial Corp now owns 42,517 shares of the company’s stock valued at $3,594,000 after purchasing an additional 25,380 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its stake in Schwab US Dividend Equity ETF by 1.1% in the 3rd quarter. Anchor Investment Management LLC now owns 38,517 shares of the company’s stock valued at $3,256,000 after purchasing an additional 428 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $27.56 on Friday. The company’s 50 day moving average price is $27.89 and its two-hundred day moving average price is $27.97. The firm has a market capitalization of $19.33 billion, a P/E ratio of 15.04 and a beta of 0.74. Schwab US Dividend Equity ETF has a fifty-two week low of $25.16 and a fifty-two week high of $29.72.

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.