Apollon Wealth Management LLC Acquires 148,076 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Apollon Wealth Management LLC boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 210.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 218,320 shares of the company’s stock after buying 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 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Central Pacific Bank Trust Division increased its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after purchasing an additional 604 shares during the period. Hoese & Co LLP bought a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at $26,000. IFS Advisors LLC increased its position in shares of Schwab US Dividend Equity ETF by 184.4% during the fourth quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares during the period. Kennebec Savings Bank acquired a new position in Schwab US Dividend Equity ETF in the third quarter valued at $31,000. Finally, Olistico Wealth LLC boosted its position in Schwab US Dividend Equity ETF by 202.2% during the fourth quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares during the last quarter.

Schwab US Dividend Equity ETF Trading Down 0.7 %

SCHD stock opened at $27.56 on Friday. Schwab US Dividend Equity ETF has a 1-year low of $25.16 and a 1-year high of $29.72. The stock has a 50-day moving average price of $27.89 and a 200-day moving average price of $27.97. The firm has a market cap of $19.33 billion, a PE ratio of 15.04 and a beta of 0.74.

Schwab US Dividend Equity ETF Company 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.