Farrow Financial Inc. Increases Stock Position in Schwab International Dividend Equity ETF $SCHY

Farrow Financial Inc. grew its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 53.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,338 shares of the company’s stock after purchasing an additional 43,505 shares during the quarter. Schwab International Dividend Equity ETF makes up approximately 2.2% of Farrow Financial Inc.’s portfolio, making the stock its 15th largest holding. Farrow Financial Inc. owned 0.18% of Schwab International Dividend Equity ETF worth $3,937,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Optima Capital LLC purchased a new stake in Schwab International Dividend Equity ETF in the 4th quarter valued at approximately $30,000. Merkkuri Wealth Advisors LLC purchased a new position in Schwab International Dividend Equity ETF during the first quarter worth $44,000. Franklin Resources Inc. purchased a new position in Schwab International Dividend Equity ETF during the fourth quarter worth $49,000. Biltmore Family Office LLC acquired a new position in shares of Schwab International Dividend Equity ETF in the fourth quarter worth $51,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at $54,000.

Schwab International Dividend Equity ETF Stock Up 0.2%

SCHY opened at $32.08 on Friday. The firm has a market cap of $2.35 billion, a P/E ratio of 14.06 and a beta of 0.53. The business’s fifty day simple moving average is $32.17 and its 200 day simple moving average is $31.86. Schwab International Dividend Equity ETF has a 52 week low of $26.83 and a 52 week high of $34.04.

About Schwab International Dividend Equity ETF

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.