Hamel Associates Inc. boosted its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY – Free Report) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 707,159 shares of the company’s stock after acquiring an additional 76,611 shares during the quarter. Schwab International Dividend Equity ETF comprises about 6.3% of Hamel Associates Inc.’s investment portfolio, making the stock its biggest holding. Hamel Associates Inc.’s holdings in Schwab International Dividend Equity ETF were worth $21,087,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHY. Jane Street Group LLC raised its position in Schwab International Dividend Equity ETF by 136.5% in the second quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock worth $8,022,000 after acquiring an additional 169,291 shares in the last quarter. Modern Wealth Management LLC raised its position in Schwab International Dividend Equity ETF by 61.1% in the third quarter. Modern Wealth Management LLC now owns 233,842 shares of the company’s stock worth $6,534,000 after acquiring an additional 88,656 shares in the last quarter. Bank of America Corp DE raised its position in Schwab International Dividend Equity ETF by 38.2% in the second quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock worth $8,571,000 after acquiring an additional 86,606 shares in the last quarter. Farrow Financial Inc. acquired a new stake in Schwab International Dividend Equity ETF during the 4th quarter worth about $2,410,000. Finally, Royal Bank of Canada raised its holdings in Schwab International Dividend Equity ETF by 913.5% during the 1st quarter. Royal Bank of Canada now owns 88,377 shares of the company’s stock worth $2,243,000 after buying an additional 79,657 shares during the period.
Schwab International Dividend Equity ETF Trading Down 0.0%
NYSEARCA SCHY opened at $32.08 on Thursday. The stock’s 50-day moving average price is $32.30 and its two-hundred day moving average price is $31.47. The company has a market cap of $2.23 billion, a PE ratio of 14.06 and a beta of 0.53. Schwab International Dividend Equity ETF has a 1 year low of $26.81 and a 1 year high of $34.04.
About Schwab International Dividend Equity ETF
The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.
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