World Investment Advisors Buys 12,041 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

World Investment Advisors grew its stake in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 5.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 238,752 shares of the company’s stock after buying an additional 12,041 shares during the period. World Investment Advisors’ holdings in Schwab US Dividend Equity ETF were worth $6,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. raised its position in shares of Schwab US Dividend Equity ETF by 268.3% during the fourth quarter. Russell Investments Group Ltd. now owns 22,732 shares of the company’s stock valued at $621,000 after buying an additional 16,560 shares during the last quarter. Barclays PLC bought a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth $74,000. Safeguard Investment Advisory Group LLC increased its position in Schwab US Dividend Equity ETF by 2,627.7% in the fourth quarter. Safeguard Investment Advisory Group LLC now owns 83,930 shares of the company’s stock worth $2,293,000 after purchasing an additional 80,853 shares during the last quarter. Walled Lake Planning & Wealth Management LLC increased its position in Schwab US Dividend Equity ETF by 205.3% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 415,640 shares of the company’s stock worth $11,355,000 after purchasing an additional 279,503 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its position in Schwab US Dividend Equity ETF by 250.2% in the fourth quarter. Proficio Capital Partners LLC now owns 14,007 shares of the company’s stock worth $383,000 after purchasing an additional 10,007 shares during the last quarter.

Schwab US Dividend Equity ETF Stock Performance

Shares of SCHD opened at $27.35 on Friday. The company’s fifty day moving average is $26.37 and its 200 day moving average is $26.98. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72. The stock has a market capitalization of $71.37 billion, a PE ratio of 14.34 and a beta of 0.88.

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.