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

World Investment Advisors grew its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 4.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 448,118 shares of the company’s stock after buying an additional 18,130 shares during the period. World Investment Advisors’ holdings in Schwab US Dividend Equity ETF were worth $13,748,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHD. Brighton Jones LLC raised its stake in Schwab US Dividend Equity ETF by 404.6% during the 4th quarter. Brighton Jones LLC now owns 105,089 shares of the company’s stock worth $2,871,000 after acquiring an additional 84,262 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of 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 worth $2,095,000 after purchasing an additional 51,696 shares during the period. Bison Wealth LLC boosted its position in shares of 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 worth $12,059,000 after purchasing an additional 309,400 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Dividend Equity ETF by 35.6% in the first quarter. Goldman Sachs Group Inc. now owns 592,953 shares of the company’s stock worth $16,579,000 after purchasing an additional 155,769 shares in the last quarter. Finally, United Bank increased its stake in shares of Schwab US Dividend Equity ETF by 5.0% in the second quarter. United Bank now owns 195,713 shares of the company’s stock worth $5,186,000 after purchasing an additional 9,351 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of SCHD stock opened at $32.39 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $32.92. The company’s fifty day moving average price is $32.06 and its 200-day moving average price is $30.72. The company has a market capitalization of $97.46 billion, a price-to-earnings ratio of 14.57 and a beta of 0.68.

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.