Apollon Wealth Management LLC Has $5.36 Million Stake in Schwab US Dividend Equity ETF $SCHD

Apollon Wealth Management LLC trimmed its holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 3.3% in the second quarter, Holdings Channel reports. The institutional investor owned 202,107 shares of the company’s stock after selling 6,834 shares during the period. Apollon Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $5,356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Lederer & Associates Investment Counsel CA raised its position in shares of Schwab US Dividend Equity ETF by 1.5% in the second quarter. Lederer & Associates Investment Counsel CA now owns 25,162 shares of the company’s stock valued at $667,000 after buying an additional 375 shares in the last quarter. Madden Advisory Services Inc. raised its position in Schwab US Dividend Equity ETF by 0.3% during the second quarter. Madden Advisory Services Inc. now owns 113,315 shares of the company’s stock valued at $3,003,000 after purchasing an additional 383 shares in the last quarter. Bellevue Asset Management LLC raised its position in Schwab US Dividend Equity ETF by 1.2% during the second quarter. Bellevue Asset Management LLC now owns 33,109 shares of the company’s stock valued at $877,000 after purchasing an additional 389 shares in the last quarter. Cowa LLC raised its position in Schwab US Dividend Equity ETF by 0.3% during the first quarter. Cowa LLC now owns 121,867 shares of the company’s stock valued at $3,407,000 after purchasing an additional 394 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its position in Schwab US Dividend Equity ETF by 3.2% during the first quarter. Gateway Wealth Partners LLC now owns 12,883 shares of the company’s stock valued at $360,000 after purchasing an additional 400 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD opened at $26.54 on Friday. Schwab US Dividend Equity ETF has a one year low of $23.87 and a one year high of $29.72. The company has a market cap of $69.35 billion, a P/E ratio of 14.57 and a beta of 0.88. The firm has a 50 day simple moving average of $27.36 and a two-hundred day simple moving average of $26.73.

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.