HighTower Advisors LLC Sells 87,049 Shares of Schwab International Dividend Equity ETF $SCHY

HighTower Advisors LLC decreased its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 16.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 429,163 shares of the company’s stock after selling 87,049 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $11,991,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Cresset Asset Management LLC grew its position in Schwab International Dividend Equity ETF by 1.6% during the second quarter. Cresset Asset Management LLC now owns 3,224,309 shares of the company’s stock valued at $88,185,000 after acquiring an additional 51,032 shares during the last quarter. Summit Asset Management LLC lifted its holdings in shares of Schwab International Dividend Equity ETF by 0.5% in the 2nd quarter. Summit Asset Management LLC now owns 660,984 shares of the company’s stock worth $18,078,000 after acquiring an additional 3,218 shares during the last quarter. Hamel Associates Inc. boosted its stake in shares of Schwab International Dividend Equity ETF by 250.1% in the 2nd quarter. Hamel Associates Inc. now owns 539,955 shares of the company’s stock valued at $14,768,000 after purchasing an additional 385,730 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Schwab International Dividend Equity ETF by 38.2% during the 2nd quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock valued at $8,571,000 after purchasing an additional 86,606 shares during the last quarter. Finally, Charles Schwab Trust Co raised its position in Schwab International Dividend Equity ETF by 1.8% in the 3rd quarter. Charles Schwab Trust Co now owns 294,245 shares of the company’s stock worth $8,221,000 after purchasing an additional 5,134 shares during the period.

Schwab International Dividend Equity ETF Stock Up 0.8%

Schwab International Dividend Equity ETF stock opened at $33.46 on Friday. The firm has a fifty day simple moving average of $31.00 and a two-hundred day simple moving average of $29.32. Schwab International Dividend Equity ETF has a twelve month low of $22.97 and a twelve month high of $33.46. The company has a market capitalization of $2.02 billion, a PE ratio of 14.06 and a beta of 0.57.

About Schwab International Dividend Equity ETF

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.