Fiduciary Alliance LLC Boosts Stock Holdings in Schwab International Dividend Equity ETF $SCHY

Fiduciary Alliance LLC raised its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 12.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 167,891 shares of the company’s stock after acquiring an additional 18,382 shares during the period. Fiduciary Alliance LLC’s holdings in Schwab International Dividend Equity ETF were worth $5,492,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SCHY. Optima Capital LLC bought a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at about $30,000. Franklin Resources Inc. purchased a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at about $49,000. Biltmore Family Office LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at about $51,000. International Assets Investment Management LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter worth about $54,000. Finally, Assetmark Inc. increased its holdings in shares of Schwab International Dividend Equity ETF by 175.8% in the fourth quarter. Assetmark Inc. now owns 2,071 shares of the company’s stock worth $62,000 after purchasing an additional 1,320 shares during the last quarter.

Schwab International Dividend Equity ETF Trading Down 1.2%

NYSEARCA:SCHY opened at $31.42 on Thursday. The company has a market capitalization of $2.18 billion, a P/E ratio of 14.06 and a beta of 0.53. Schwab International Dividend Equity ETF has a 12 month low of $26.81 and a 12 month high of $34.04. The business’s 50-day moving average is $32.30 and its 200 day moving average is $31.67.

Schwab International Dividend Equity ETF 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.