Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Reaches New 12-Month High – Should You Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) shares hit a new 52-week high on Monday . The company traded as high as $28.70 and last traded at $28.7050, with a volume of 59817 shares changing hands. The stock had previously closed at $28.64.

Schwab International Dividend Equity ETF Price Performance

The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57. The business has a fifty day moving average price of $28.17 and a two-hundred day moving average price of $27.59.

Hedge Funds Weigh In On Schwab International Dividend Equity ETF

A number of hedge funds have recently bought and sold shares of the business. CWM LLC purchased a new stake in shares of Schwab International Dividend Equity ETF in the second quarter valued at approximately $26,000. Carolina Wealth Advisors LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 2nd quarter valued at approximately $30,000. Farther Finance Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF in the 2nd quarter valued at $32,000. Breakwater Investment Management grew its stake in Schwab International Dividend Equity ETF by 37.5% in the 2nd quarter. Breakwater Investment Management now owns 1,463 shares of the company’s stock valued at $40,000 after acquiring an additional 399 shares during the period. Finally, Anchor Investment Management LLC increased its holdings in Schwab International Dividend Equity ETF by 29.1% in the 2nd quarter. Anchor Investment Management LLC now owns 2,824 shares of the company’s stock worth $77,000 after acquiring an additional 637 shares in the last quarter.

Schwab International Dividend Equity ETF Company 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.