Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sets New 12-Month High – What’s Next?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $31.14 and last traded at $30.4850, with a volume of 6663 shares traded. The stock had previously closed at $30.27.

Schwab International Dividend Equity ETF Price Performance

The firm has a market cap of $1.79 billion, a PE ratio of 14.06 and a beta of 0.57. The company’s 50 day moving average price is $29.63 and its 200 day moving average price is $28.56.

Hedge Funds Weigh In On Schwab International Dividend Equity ETF

Several institutional investors have recently modified their holdings of the business. Per Stirling Capital Management LLC. increased its position in shares of Schwab International Dividend Equity ETF by 2.2% during the third quarter. Per Stirling Capital Management LLC. now owns 22,325 shares of the company’s stock worth $624,000 after acquiring an additional 491 shares during the period. Janney Montgomery Scott LLC increased its holdings in Schwab International Dividend Equity ETF by 4.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 12,360 shares of the company’s stock worth $338,000 after purchasing an additional 500 shares during the period. OMC Financial Services LTD raised its position in Schwab International Dividend Equity ETF by 0.3% in the 4th quarter. OMC Financial Services LTD now owns 158,978 shares of the company’s stock valued at $4,741,000 after purchasing an additional 540 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Schwab International Dividend Equity ETF by 5.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 12,016 shares of the company’s stock valued at $329,000 after buying an additional 578 shares during the period. Finally, Astoria Portfolio Advisors LLC. boosted its stake in shares of Schwab International Dividend Equity ETF by 2.0% in the 3rd quarter. Astoria Portfolio Advisors LLC. now owns 31,869 shares of the company’s stock valued at $892,000 after buying an additional 631 shares during the period.

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.