Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Large Volume Increase

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw unusually-high trading volume on Wednesday . Approximately 255,109 shares were traded during trading, an increase of 102% from the previous session’s volume of 126,334 shares.The stock last traded at $24.58 and had previously closed at $24.77.

Schwab International Dividend Equity ETF Price Performance

The stock has a market capitalization of $793.80 million, a price-to-earnings ratio of 12.22 and a beta of 0.68. The firm has a fifty day moving average of $24.07 and a 200 day moving average of $24.11.

Hedge Funds Weigh In On Schwab International Dividend Equity ETF

A number of large investors have recently bought and sold shares of the business. Axxcess Wealth Management LLC boosted its stake in Schwab International Dividend Equity ETF by 14.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 20,752 shares of the company’s stock worth $510,000 after purchasing an additional 2,605 shares during the last quarter. Charles Schwab Trust Co raised its holdings in Schwab International Dividend Equity ETF by 35.1% in the 4th quarter. Charles Schwab Trust Co now owns 313,249 shares of the company’s stock valued at $7,703,000 after acquiring an additional 81,384 shares during the last quarter. Spinnaker Investment Group LLC raised its holdings in Schwab International Dividend Equity ETF by 31.6% in the 4th quarter. Spinnaker Investment Group LLC now owns 39,619 shares of the company’s stock valued at $974,000 after acquiring an additional 9,505 shares during the last quarter. IRON Financial LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter worth approximately $2,399,000. Finally, Anchor Investment Management LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter worth approximately $57,000.

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.