MAI Capital Management Sells 2,351 Shares of Schwab International Dividend Equity ETF $SCHY

MAI Capital Management trimmed its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 127,941 shares of the company’s stock after selling 2,351 shares during the quarter. MAI Capital Management owned approximately 0.28% of Schwab International Dividend Equity ETF worth $3,499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. OMC Financial Services LTD bought a new stake in shares of Schwab International Dividend Equity ETF during the second quarter worth $2,555,000. Farther Finance Advisors LLC bought a new position in shares of Schwab International Dividend Equity ETF in the second quarter valued at about $32,000. Carolina Wealth Advisors LLC acquired a new position in Schwab International Dividend Equity ETF during the 2nd quarter worth about $30,000. Noble Family Wealth LLC grew its holdings in Schwab International Dividend Equity ETF by 1.9% during the 2nd quarter. Noble Family Wealth LLC now owns 79,540 shares of the company’s stock worth $2,175,000 after acquiring an additional 1,476 shares during the last quarter. Finally, Charles Schwab Trust Co increased its position in Schwab International Dividend Equity ETF by 31.1% in the 2nd quarter. Charles Schwab Trust Co now owns 289,111 shares of the company’s stock valued at $7,907,000 after acquiring an additional 68,605 shares in the last quarter.

Schwab International Dividend Equity ETF Trading Up 1.5%

Shares of NYSEARCA SCHY opened at $28.85 on Friday. Schwab International Dividend Equity ETF has a 1-year low of $22.81 and a 1-year high of $29.30. The company has a 50-day moving average of $28.32 and a two-hundred day moving average of $27.76. The company has a market cap of $1.46 billion, a PE ratio of 14.06 and a beta of 0.57.

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.