Royal Bank of Canada Sells 281,752 Shares of Schwab International Equity ETF $SCHF

Royal Bank of Canada cut its holdings in Schwab International Equity ETF (NYSEARCA:SCHF) by 8.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,957,285 shares of the company’s stock after selling 281,752 shares during the period. Royal Bank of Canada’s holdings in Schwab International Equity ETF were worth $73,194,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Comprehensive Financial Planning Inc. PA purchased a new stake in Schwab International Equity ETF during the 4th quarter valued at approximately $25,000. CNB Bank purchased a new position in shares of Schwab International Equity ETF in the fourth quarter worth $27,000. Costello Asset Management INC lifted its holdings in shares of Schwab International Equity ETF by 281.7% in the first quarter. Costello Asset Management INC now owns 1,084 shares of the company’s stock worth $27,000 after buying an additional 800 shares in the last quarter. Frazier Financial Advisors LLC boosted its position in shares of Schwab International Equity ETF by 288.0% during the first quarter. Frazier Financial Advisors LLC now owns 1,133 shares of the company’s stock worth $28,000 after acquiring an additional 841 shares during the last quarter. Finally, Optima Capital LLC bought a new position in shares of Schwab International Equity ETF during the fourth quarter worth $30,000.

Schwab International Equity ETF Stock Performance

SCHF opened at $27.43 on Friday. The stock has a market capitalization of $66.75 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82. The company has a fifty day moving average of $27.48 and a 200 day moving average of $26.45. Schwab International Equity ETF has a fifty-two week low of $21.57 and a fifty-two week high of $28.41.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.