Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sets New 1-Year High – Should You Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHYGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $31.64 and last traded at $31.63, with a volume of 741323 shares. The stock had previously closed at $31.02.

Schwab International Dividend Equity ETF Price Performance

The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57. The business has a 50-day moving average of $29.79 and a 200-day moving average of $28.67.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC bought a new position in shares of Schwab International Dividend Equity ETF in the second quarter valued at $26,000. Carolina Wealth Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF in the second quarter valued at $30,000. Optima Capital LLC bought a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter valued at about $30,000. Farther Finance Advisors LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the 2nd quarter valued at about $32,000. Finally, Assetmark Inc. raised its holdings in shares of Schwab International Dividend Equity ETF by 175.8% in the 4th quarter. Assetmark Inc. now owns 2,071 shares of the company’s stock valued at $62,000 after purchasing an additional 1,320 shares during the period.

Schwab International Dividend Equity ETF Company Profile

(Get Free Report)

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.

Further Reading

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