Schwab International Dividend Equity ETF $SCHY Stock Purchased by CrossGen Wealth LLC

CrossGen Wealth LLC lifted its holdings in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 50.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,637 shares of the company’s stock after purchasing an additional 19,738 shares during the period. Schwab International Dividend Equity ETF accounts for about 1.4% of CrossGen Wealth LLC’s investment portfolio, making the stock its 25th biggest holding. CrossGen Wealth LLC’s holdings in Schwab International Dividend Equity ETF were worth $1,841,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHY. TD Waterhouse Canada Inc. purchased a new position in shares of Schwab International Dividend Equity ETF in the second quarter valued at $9,421,000. Independent Financial Group LLC acquired a new stake in Schwab International Dividend Equity ETF during the first quarter worth approximately $1,724,000. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Schwab International Dividend Equity ETF by 53.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 587,270 shares of the company’s stock worth $18,440,000 after purchasing an additional 204,017 shares during the last quarter. Royal Bank of Canada grew its holdings in Schwab International Dividend Equity ETF by 39.7% in the 1st quarter. Royal Bank of Canada now owns 110,226 shares of the company’s stock valued at $3,490,000 after buying an additional 31,337 shares during the period. Finally, Brookstone Capital Management purchased a new stake in Schwab International Dividend Equity ETF in the third quarter valued at approximately $1,287,000.

Schwab International Dividend Equity ETF Stock Down 0.8%

SCHY stock opened at $32.90 on Wednesday. The business has a fifty day simple moving average of $32.54 and a 200-day simple moving average of $32.38. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 14.06 and a beta of 0.52. Schwab International Dividend Equity ETF has a 52 week low of $28.00 and a 52 week 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.