Evolution Advisers Inc. Makes New Investment in Schwab International Dividend Equity ETF $SCHY

Evolution Advisers Inc. purchased a new stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) during the 3rd quarter, Holdings Channel reports. The fund purchased 17,294 shares of the company’s stock, valued at approximately $556,000.

Several other hedge funds have also recently bought and sold shares of the business. Hamel Associates Inc. lifted its stake in Schwab International Dividend Equity ETF by 16.1% in the 1st quarter. Hamel Associates Inc. now owns 820,968 shares of the company’s stock worth $25,992,000 after acquiring an additional 113,809 shares in the last quarter. Summit Asset Management LLC boosted its position in Schwab International Dividend Equity ETF by 0.7% during the 1st quarter. Summit Asset Management LLC now owns 608,034 shares of the company’s stock worth $19,250,000 after acquiring an additional 4,105 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in Schwab International Dividend Equity ETF by 53.2% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 587,270 shares of the company’s stock valued at $18,440,000 after acquiring an additional 204,017 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in Schwab International Dividend Equity ETF by 35.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 429,113 shares of the company’s stock valued at $12,755,000 after acquiring an additional 112,468 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Schwab International Dividend Equity ETF by 1.4% during the 1st quarter. Bank of America Corp DE now owns 416,216 shares of the company’s stock valued at $13,177,000 after acquiring an additional 5,565 shares in the last quarter.

Schwab International Dividend Equity ETF Price Performance

Shares of SCHY opened at $33.34 on Friday. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 15.31 and a beta of 0.53. Schwab International Dividend Equity ETF has a fifty-two week low of $28.41 and a fifty-two week high of $34.04. The business’s 50-day moving average is $32.55 and its 200-day moving average is $32.48.

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.