Royal Bank of Canada Has $3.49 Million Stock Position in Schwab International Dividend Equity ETF $SCHY

Royal Bank of Canada boosted its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 39.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 110,226 shares of the company’s stock after acquiring an additional 31,337 shares during the period. Royal Bank of Canada owned 0.16% of Schwab International Dividend Equity ETF worth $3,490,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its holdings in shares of Schwab International Dividend Equity ETF by 83.7% during the second quarter. Cetera Investment Advisers now owns 15,699 shares of the company’s stock valued at $429,000 after acquiring an additional 7,152 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Schwab International Dividend Equity ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 50,044 shares of the company’s stock worth $1,369,000 after purchasing an additional 3,954 shares during the period. Jane Street Group LLC lifted its holdings in shares of Schwab International Dividend Equity ETF by 136.5% in the 2nd quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock worth $8,022,000 after purchasing an additional 169,291 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Schwab International Dividend Equity ETF by 38.2% in the 2nd quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock worth $8,571,000 after purchasing an additional 86,606 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Schwab International Dividend Equity ETF by 2.9% in the 2nd quarter. MML Investors Services LLC now owns 39,522 shares of the company’s stock worth $1,081,000 after purchasing an additional 1,124 shares in the last quarter.

Schwab International Dividend Equity ETF Trading Down 0.0%

NYSEARCA SCHY opened at $33.18 on Friday. The company has a market cap of $2.51 billion, a P/E ratio of 14.06 and a beta of 0.53. The company has a fifty day simple moving average of $32.48 and a 200 day simple moving average of $32.36. Schwab International Dividend Equity ETF has a 12-month low of $27.45 and a 12-month high of $34.04.

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.