LongView Wealth Management Buys 25,371 Shares of Schwab International Dividend Equity ETF $SCHY

LongView Wealth Management boosted its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 12.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 232,683 shares of the company’s stock after purchasing an additional 25,371 shares during the quarter. Schwab International Dividend Equity ETF comprises 1.8% of LongView Wealth Management’s portfolio, making the stock its 15th biggest holding. LongView Wealth Management’s holdings in Schwab International Dividend Equity ETF were worth $7,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc raised its holdings in Schwab International Dividend Equity ETF by 153.2% during the third quarter. IFP Advisors Inc now owns 12,035 shares of the company’s stock worth $378,000 after purchasing an additional 7,282 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its position in Schwab International Dividend Equity ETF by 6.0% during the third quarter. Robertson Stephens Wealth Management LLC now owns 222,479 shares of the company’s stock worth $6,986,000 after purchasing an additional 12,682 shares in the last quarter. Carroll Advisory Group LLC grew its holdings in Schwab International Dividend Equity ETF by 13.5% in the third quarter. Carroll Advisory Group LLC now owns 11,980 shares of the company’s stock valued at $376,000 after purchasing an additional 1,428 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in Schwab International Dividend Equity ETF by 35.5% in the third quarter. TD Waterhouse Canada Inc. now owns 429,113 shares of the company’s stock valued at $12,755,000 after purchasing an additional 112,468 shares during the last quarter. Finally, First Merchants Corp acquired a new stake in Schwab International Dividend Equity ETF in the third quarter valued at $2,010,000.

Schwab International Dividend Equity ETF Stock Performance

NYSEARCA:SCHY traded down $0.24 during mid-day trading on Monday, hitting $32.59. 281,473 shares of the company’s stock traded hands, compared to its average volume of 628,178. The company has a market cap of $2.65 billion, a PE ratio of 14.06 and a beta of 0.52. The firm’s 50 day simple moving average is $32.64 and its 200 day simple moving average is $32.46. Schwab International Dividend Equity ETF has a 1 year low of $28.00 and a 1 year high of $34.04.

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.