World Investment Advisors Raises Stock Position in Schwab US Dividend Equity ETF $SCHD

World Investment Advisors raised its position in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 20.3% in the second quarter, Holdings Channel reports. The institutional investor owned 287,189 shares of the company’s stock after purchasing an additional 48,437 shares during the period. World Investment Advisors’ holdings in Schwab US Dividend Equity ETF were worth $7,611,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHD. Brighton Jones LLC increased its holdings in Schwab US Dividend Equity ETF by 404.6% in the fourth quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock valued at $2,871,000 after buying an additional 84,262 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Schwab US Dividend Equity ETF by 206.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 76,685 shares of the company’s stock valued at $2,095,000 after buying an additional 51,696 shares in the last quarter. Bison Wealth LLC increased its holdings in Schwab US Dividend Equity ETF by 234.4% in the fourth quarter. Bison Wealth LLC now owns 441,394 shares of the company’s stock valued at $12,059,000 after buying an additional 309,400 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Schwab US Dividend Equity ETF by 343.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 12,115 shares of the company’s stock valued at $339,000 after buying an additional 9,382 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in Schwab US Dividend Equity ETF by 10.1% in the first quarter. Golden State Wealth Management LLC now owns 17,275 shares of the company’s stock valued at $483,000 after buying an additional 1,586 shares in the last quarter.

Schwab US Dividend Equity ETF Stock Performance

SCHD opened at $26.74 on Thursday. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The company has a fifty day moving average of $27.31 and a two-hundred day moving average of $26.80. The stock has a market capitalization of $69.27 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77.

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.