Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Strong Trading Volume – Should You Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) shares saw strong trading volume on Monday . 231,458 shares changed hands during trading, an increase of 3% from the previous session’s volume of 224,045 shares.The stock last traded at $25.58 and had previously closed at $25.60.

Schwab International Dividend Equity ETF Trading Down 0.4 %

The business’s 50-day simple moving average is $24.86 and its two-hundred day simple moving average is $24.39. The firm has a market cap of $935.48 million, a price-to-earnings ratio of 13.92 and a beta of 0.59.

Schwab International Dividend Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.1402 dividend. The ex-dividend date was Wednesday, March 26th.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

A number of hedge funds have recently added to or reduced their stakes in SCHY. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab International Dividend Equity ETF by 85.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 607,094 shares of the company’s stock valued at $14,036,000 after purchasing an additional 279,308 shares in the last quarter. LPL Financial LLC grew its position in shares of Schwab International Dividend Equity ETF by 131.0% during the 4th quarter. LPL Financial LLC now owns 496,314 shares of the company’s stock valued at $11,475,000 after acquiring an additional 281,430 shares during the period. Jane Street Group LLC increased its stake in shares of Schwab International Dividend Equity ETF by 305.6% during the 4th quarter. Jane Street Group LLC now owns 332,900 shares of the company’s stock worth $7,697,000 after purchasing an additional 250,821 shares during the last quarter. Charles Schwab Trust Co grew its holdings in Schwab International Dividend Equity ETF by 16.0% during the first quarter. Charles Schwab Trust Co now owns 220,506 shares of the company’s stock valued at $5,596,000 after purchasing an additional 30,400 shares during the period. Finally, Magnolia Capital Advisors LLC increased its stake in shares of Schwab International Dividend Equity ETF by 4.9% in the fourth quarter. Magnolia Capital Advisors LLC now owns 218,820 shares of the company’s stock worth $5,059,000 after purchasing an additional 10,169 shares in the last quarter.

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.