Red Mountain Financial LLC decreased its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY – Free Report) by 13.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 109,875 shares of the company’s stock after selling 17,232 shares during the period. Schwab International Dividend Equity ETF makes up about 3.8% of Red Mountain Financial LLC’s portfolio, making the stock its 10th largest position. Red Mountain Financial LLC’s holdings in Schwab International Dividend Equity ETF were worth $3,005,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently modified their holdings of SCHY. Cresset Asset Management LLC boosted its position in shares of Schwab International Dividend Equity ETF by 68.6% during the first quarter. Cresset Asset Management LLC now owns 3,173,277 shares of the company’s stock valued at $80,538,000 after buying an additional 1,291,180 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of Schwab International Dividend Equity ETF by 1,068.3% during the first quarter. HighTower Advisors LLC now owns 483,556 shares of the company’s stock valued at $12,273,000 after buying an additional 442,166 shares during the last quarter. LeConte Wealth Management LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the first quarter valued at approximately $10,472,000. Mutual Advisors LLC boosted its position in shares of Schwab International Dividend Equity ETF by 318.1% during the first quarter. Mutual Advisors LLC now owns 153,423 shares of the company’s stock valued at $3,994,000 after buying an additional 116,726 shares during the last quarter. Finally, Hamel Associates Inc. boosted its position in shares of Schwab International Dividend Equity ETF by 267.2% during the first quarter. Hamel Associates Inc. now owns 154,225 shares of the company’s stock valued at $3,914,000 after buying an additional 112,225 shares during the last quarter.
Schwab International Dividend Equity ETF Trading Down 0.2%
Shares of Schwab International Dividend Equity ETF stock opened at $28.07 on Friday. The business’s fifty day simple moving average is $27.94 and its 200 day simple moving average is $26.97. The firm has a market capitalization of $1.26 billion, a P/E ratio of 14.06 and a beta of 0.64. Schwab International Dividend Equity ETF has a 12 month low of $22.81 and a 12 month high of $28.66.
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.
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