Inspire Advisors LLC Invests $710,000 in Schwab International Dividend Equity ETF $SCHY

Inspire Advisors LLC acquired a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the 3rd quarter, HoldingsChannel reports. The fund acquired 25,417 shares of the company’s stock, valued at approximately $710,000.

Several other institutional investors have also recently bought and sold shares of SCHY. CAP Partners LLC lifted its position in Schwab International Dividend Equity ETF by 11.0% during the 3rd quarter. CAP Partners LLC now owns 40,122 shares of the company’s stock worth $1,121,000 after acquiring an additional 3,981 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Schwab International Dividend Equity ETF in the third quarter worth about $5,139,000. IRON Financial LLC increased its stake in shares of Schwab International Dividend Equity ETF by 14.2% in the third quarter. IRON Financial LLC now owns 281,189 shares of the company’s stock worth $7,856,000 after purchasing an additional 34,919 shares during the period. Hidden Cove Wealth Management LLC lifted its position in shares of Schwab International Dividend Equity ETF by 74.2% during the 3rd quarter. Hidden Cove Wealth Management LLC now owns 20,839 shares of the company’s stock worth $582,000 after purchasing an additional 8,877 shares during the last quarter. Finally, North Star Investment Management Corp. bought a new stake in Schwab International Dividend Equity ETF during the 3rd quarter valued at approximately $136,000.

Schwab International Dividend Equity ETF Stock Up 0.0%

SCHY opened at $30.22 on Tuesday. The stock’s 50 day moving average price is $29.59 and its two-hundred day moving average price is $28.53. The firm has a market capitalization of $1.76 billion, a P/E ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a 12-month low of $22.97 and a 12-month high of $30.33.

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.