Independent Financial Group LLC Takes Position in Schwab International Equity ETF $SCHF

Independent Financial Group LLC acquired a new position in shares of Schwab International Equity ETF (NYSEARCA:SCHF) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 50,211 shares of the company’s stock, valued at approximately $1,243,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHF. Corient Private Wealth LLC grew its holdings in Schwab International Equity ETF by 94.7% in the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock valued at $930,592,000 after buying an additional 20,481,030 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab International Equity ETF by 4.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after acquiring an additional 12,246,283 shares during the last quarter. Morgan Stanley grew its holdings in shares of Schwab International Equity ETF by 79.4% in the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock valued at $455,033,000 after purchasing an additional 8,376,473 shares during the period. Valpey Financial Services LLC increased its position in Schwab International Equity ETF by 2,277.5% during the fourth quarter. Valpey Financial Services LLC now owns 5,317,481 shares of the company’s stock worth $127,832,000 after purchasing an additional 5,093,825 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in Schwab International Equity ETF by 4.4% during the first quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after purchasing an additional 4,858,558 shares during the period.

Schwab International Equity ETF Price Performance

NYSEARCA:SCHF opened at $26.86 on Tuesday. The firm has a market capitalization of $65.14 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82. The company’s 50-day moving average is $27.46 and its two-hundred day moving average is $26.29. Schwab International Equity ETF has a 1-year low of $21.57 and a 1-year 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.