Schwab International Equity ETF (NYSEARCA:SCHF) Reaches New 12-Month High – Here’s What Happened

Shares of Schwab International Equity ETF (NYSEARCA:SCHF) hit a new 52-week high on Monday . The company traded as high as $28.22 and last traded at $28.11, with a volume of 366381 shares. The stock had previously closed at $27.74.

Schwab International Equity ETF Price Performance

The firm has a market capitalization of $66.68 billion, a P/E ratio of 16.14 and a beta of 0.82. The stock has a fifty day simple moving average of $26.80 and a two-hundred day simple moving average of $25.63.

Institutional Investors Weigh In On Schwab International Equity ETF

A number of hedge funds have recently added to or reduced their stakes in SCHF. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab International Equity ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after acquiring an additional 12,246,283 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Schwab International Equity ETF by 4.4% during the first quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock valued at $2,879,366,000 after acquiring an additional 4,858,558 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Schwab International Equity ETF by 94.7% during the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock valued at $930,592,000 after acquiring an additional 20,481,030 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Schwab International Equity ETF by 2.2% during the third quarter. HighTower Advisors LLC now owns 22,411,217 shares of the company’s stock valued at $521,733,000 after acquiring an additional 488,836 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Schwab International Equity ETF by 79.4% during the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock valued at $455,033,000 after acquiring an additional 8,376,473 shares in the last quarter.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.