TD Waterhouse Canada Inc. Buys New Stake in Schwab International Dividend Equity ETF $SCHY

TD Waterhouse Canada Inc. purchased a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 316,645 shares of the company’s stock, valued at approximately $9,421,000. TD Waterhouse Canada Inc. owned approximately 0.42% of Schwab International Dividend Equity ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the 1st quarter valued at approximately $44,000. Franklin Resources Inc. bought a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter worth about $49,000. Biltmore Family Office LLC acquired a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter valued at about $51,000. International Assets Investment Management LLC acquired a new position in Schwab International Dividend Equity ETF in the fourth quarter valued at approximately $54,000. Finally, Scarborough Advisors LLC acquired a new position in Schwab International Dividend Equity ETF during the 1st quarter valued at approximately $57,000.

Schwab International Dividend Equity ETF Trading Down 0.3%

NYSEARCA SCHY opened at $33.24 on Friday. Schwab International Dividend Equity ETF has a 52 week low of $27.45 and a 52 week high of $34.04. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 14.06 and a beta of 0.53. The company has a 50-day moving average price of $32.85 and a two-hundred day moving average price of $32.47.

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.