Summit Financial Strategies Inc. Sells 29,312 Shares of Schwab International Equity ETF $SCHF

Summit Financial Strategies Inc. cut its holdings in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 14.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 169,859 shares of the company’s stock after selling 29,312 shares during the quarter. Schwab International Equity ETF comprises about 0.3% of Summit Financial Strategies Inc.’s holdings, making the stock its 27th largest position. Summit Financial Strategies Inc.’s holdings in Schwab International Equity ETF were worth $4,705,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SCHF. Capital Advantage Inc. increased its position in Schwab International Equity ETF by 1.4% in the 2nd quarter. Capital Advantage Inc. now owns 475,697 shares of the company’s stock valued at $13,177,000 after acquiring an additional 6,417 shares during the period. Integrated Wealth Concepts LLC increased its holdings in Schwab International Equity ETF by 9.1% in the second quarter. Integrated Wealth Concepts LLC now owns 307,881 shares of the company’s stock valued at $8,528,000 after purchasing an additional 25,749 shares during the period. NewEdge Advisors LLC increased its holdings in Schwab International Equity ETF by 15.0% in the second quarter. NewEdge Advisors LLC now owns 1,096,983 shares of the company’s stock valued at $30,386,000 after purchasing an additional 142,837 shares during the period. IFP Advisors Inc raised its position in Schwab International Equity ETF by 13.8% during the 2nd quarter. IFP Advisors Inc now owns 214,237 shares of the company’s stock worth $5,934,000 after purchasing an additional 25,997 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in Schwab International Equity ETF by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 455,446 shares of the company’s stock worth $12,616,000 after purchasing an additional 6,291 shares during the last quarter.

Schwab International Equity ETF Trading Down 0.4%

Shares of SCHF opened at $28.47 on Wednesday. The company has a market capitalization of $69.28 billion, a PE ratio of 16.14 and a beta of 0.82. Schwab International Equity ETF has a 12 month low of $22.85 and a 12 month high of $28.68. The stock’s 50-day moving average price is $27.82 and its two-hundred day moving average price is $26.95.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.