Dimensional Fund Advisors LP Increases Stake in Scholastic Corp to 8.3%
Dimensional Fund Advisors LP filed a Schedule 13G/A on April 9, 2026, reporting a beneficial ownership interest in Scholastic Corp (SCHL). As of the event date on March 31, 2026, the firm reported holding 1,734,301 shares of Common Stock, representing an 8.3% ownership stake in the company. This filing marks an increase from the previously reported 0.0% position, though it is designated as Amendment No. 16. Dimensional Fund Advisors LP serves as an investment adviser to various registered investment companies, trusts, and separate accounts. While the firm possesses voting and dispositive power over these shares, it disclaims beneficial ownership, noting that the securities are legally owned by the underlying funds. Specifically, the filer holds sole voting power over 1,704,732 shares and sole dispositive power over the full 1,734,301 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.