Schwab International Dividend Equity ETF $SCHY Shares Acquired by Farrow Financial Inc.

Farrow Financial Inc. boosted its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 53.8% during the first quarter, Holdings Channel.com reports. The fund owned 124,338 shares of the company’s stock after purchasing an additional 43,505 shares during the quarter. Schwab International Dividend Equity ETF accounts for 2.2% of Farrow Financial Inc.’s holdings, making the stock its 15th largest holding. Farrow Financial Inc.’s holdings in Schwab International Dividend Equity ETF were worth $3,937,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of SCHY. Optima Capital LLC acquired a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter valued at about $30,000. Merkkuri Wealth Advisors LLC acquired a new position in Schwab International Dividend Equity ETF during the first quarter valued at approximately $44,000. Franklin Resources Inc. acquired a new position in Schwab International Dividend Equity ETF during the fourth quarter valued at approximately $49,000. Biltmore Family Office LLC purchased a new stake in Schwab International Dividend Equity ETF during the fourth quarter worth approximately $51,000. Finally, International Assets Investment Management LLC purchased a new stake in Schwab International Dividend Equity ETF during the fourth quarter worth approximately $54,000.

Schwab International Dividend Equity ETF Stock Up 0.2%

Schwab International Dividend Equity ETF stock opened at $32.08 on Friday. The firm has a fifty day moving average of $32.17 and a 200-day moving average of $31.86. Schwab International Dividend Equity ETF has a 52-week low of $26.83 and a 52-week high of $34.04. The firm has a market capitalization of $2.35 billion, a P/E ratio of 14.06 and a beta of 0.53.

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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.