DAVENPORT & Co LLC Makes New $829,000 Investment in Schwab International Dividend Equity ETF $SCHY

DAVENPORT & Co LLC bought a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 27,793 shares of the company’s stock, valued at approximately $829,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHY. Cresset Asset Management LLC boosted its holdings in shares of Schwab International Dividend Equity ETF by 1.6% in the second quarter. Cresset Asset Management LLC now owns 3,224,309 shares of the company’s stock valued at $88,185,000 after purchasing an additional 51,032 shares during the period. Inspire Advisors LLC purchased a new position in Schwab International Dividend Equity ETF during the 3rd quarter worth $710,000. Sequoia Financial Advisors LLC purchased a new position in Schwab International Dividend Equity ETF during the 3rd quarter worth $5,139,000. Fiduciary Alliance LLC raised its position in Schwab International Dividend Equity ETF by 36.5% during the 3rd quarter. Fiduciary Alliance LLC now owns 92,155 shares of the company’s stock valued at $2,575,000 after purchasing an additional 24,619 shares in the last quarter. Finally, Carolina Wealth Advisors LLC raised its position in Schwab International Dividend Equity ETF by 8,318.8% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 91,428 shares of the company’s stock valued at $2,554,000 after purchasing an additional 90,342 shares in the last quarter.

Schwab International Dividend Equity ETF Trading Up 0.9%

Shares of SCHY stock opened at $31.06 on Tuesday. Schwab International Dividend Equity ETF has a twelve month low of $22.97 and a twelve month high of $34.04. The stock has a fifty day simple moving average of $32.11 and a two-hundred day simple moving average of $30.06. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57.

Schwab International Dividend Equity ETF Company 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.