Independent Financial Group LLC purchased a new stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY – Free Report) in the first quarter, Holdings Channel reports. The firm purchased 54,448 shares of the company’s stock, valued at approximately $1,724,000.
Several other institutional investors have also recently bought and sold shares of SCHY. Optima Capital LLC bought a new position in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at $30,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Schwab International Dividend Equity ETF in the 1st quarter worth about $44,000. Franklin Resources Inc. bought a new position in Schwab International Dividend Equity ETF in the 4th quarter valued at about $49,000. Biltmore Family Office LLC bought a new position in Schwab International Dividend Equity ETF in the 4th quarter valued at about $51,000. Finally, International Assets Investment Management LLC bought a new position in Schwab International Dividend Equity ETF in the 4th quarter valued at about $54,000.
Schwab International Dividend Equity ETF Stock Performance
SCHY stock opened at $32.54 on Monday. The business has a 50-day simple moving average of $32.18 and a two-hundred day simple moving average of $31.96. The company has a market capitalization of $2.40 billion, a P/E ratio of 14.06 and a beta of 0.53. Schwab International Dividend Equity ETF has a 52-week low of $26.83 and a 52-week high of $34.04.
Schwab International Dividend Equity ETF Profile
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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