Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Shares Bought by Apexium Financial LP

Apexium Financial LP boosted its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 229.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,312,557 shares of the company’s stock after acquiring an additional 914,385 shares during the period. Schwab US Dividend Equity ETF accounts for 2.2% of Apexium Financial LP’s portfolio, making the stock its 8th biggest position. Apexium Financial LP’s holdings in Schwab US Dividend Equity ETF were worth $35,859,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its position in shares of 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 in the last quarter. Hoese & Co LLP acquired a new position in Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $26,000. IFS Advisors LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 184.4% during the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock worth $29,000 after buying an additional 699 shares in the last quarter. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF during the 3rd quarter worth approximately $31,000. Finally, Olistico Wealth LLC increased its stake in shares of Schwab US Dividend Equity ETF by 202.2% in the 4th quarter. Olistico Wealth LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 748 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Down 0.1 %

Shares of NYSEARCA SCHD opened at $28.07 on Monday. Schwab US Dividend Equity ETF has a 12-month low of $25.16 and a 12-month high of $29.72. The firm has a market cap of $19.69 billion, a PE ratio of 15.04 and a beta of 0.74. The company’s fifty day simple moving average is $28.10 and its 200 day simple moving average is $27.92.

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.