Bruce G. Allen Investments LLC Has $198,000 Position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Bruce G. Allen Investments LLC increased its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 77.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,585 shares of the company’s stock after buying an additional 3,735 shares during the period. Bruce G. Allen Investments LLC’s holdings in Schwab International Dividend Equity ETF were worth $198,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SCHY. JPMorgan Chase & Co. lifted its position in Schwab International Dividend Equity ETF by 6.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,928 shares of the company’s stock valued at $1,333,000 after acquiring an additional 2,940 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Schwab International Dividend Equity ETF during the third quarter worth about $484,000. MML Investors Services LLC raised its position in shares of Schwab International Dividend Equity ETF by 5.5% in the third quarter. MML Investors Services LLC now owns 68,015 shares of the company’s stock valued at $1,780,000 after buying an additional 3,543 shares in the last quarter. Tradition Wealth Management LLC grew its position in Schwab International Dividend Equity ETF by 12.2% during the third quarter. Tradition Wealth Management LLC now owns 11,681 shares of the company’s stock worth $306,000 after buying an additional 1,271 shares in the last quarter. Finally, Acorn Wealth Advisors LLC lifted its position in Schwab International Dividend Equity ETF by 7.9% during the third quarter. Acorn Wealth Advisors LLC now owns 33,923 shares of the company’s stock worth $888,000 after purchasing an additional 2,486 shares during the period.

Schwab International Dividend Equity ETF Stock Down 1.4 %

Shares of SCHY stock traded down $0.33 during trading hours on Friday, hitting $22.96. 553,686 shares of the company’s stock traded hands, compared to its average volume of 352,296. The stock has a market cap of $743.90 million, a PE ratio of 12.22 and a beta of 0.68. Schwab International Dividend Equity ETF has a 12 month low of $22.85 and a 12 month high of $26.54. The stock’s 50 day simple moving average is $23.90 and its 200 day simple moving average is $24.72.

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.