Apexium Financial LP Buys 63,056 Shares of Schwab US Dividend Equity ETF $SCHD

Apexium Financial LP boosted its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,520,165 shares of the company’s stock after acquiring an additional 63,056 shares during the quarter. Schwab US Dividend Equity ETF accounts for 2.0% of Apexium Financial LP’s portfolio, making the stock its 8th largest position. Apexium Financial LP owned about 0.06% of Schwab US Dividend Equity ETF worth $41,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Biltmore Family Office LLC increased its position in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF during the 3rd quarter valued at about $33,000. Reyes Financial Architecture Inc. boosted its position in Schwab US Dividend Equity ETF by 1,903.1% in the third quarter. Reyes Financial Architecture Inc. now owns 1,302 shares of the company’s stock valued at $36,000 after buying an additional 1,237 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $36,000. Finally, Independence Bank of Kentucky bought a new stake in Schwab US Dividend Equity ETF during the third quarter worth about $41,000.

Schwab US Dividend Equity ETF Trading Up 0.3%

NYSEARCA SCHD opened at $30.95 on Wednesday. Schwab US Dividend Equity ETF has a 1-year low of $23.87 and a 1-year high of $31.95. The company has a 50 day moving average of $30.43 and a 200-day moving average of $28.39. The firm has a market cap of $81.41 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.