Schwab International Equity ETF (NYSEARCA:SCHF) Sets New 1-Year High – What’s Next?

Schwab International Equity ETF (NYSEARCA:SCHF)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $28.48 and last traded at $28.43, with a volume of 380243 shares changing hands. The stock had previously closed at $28.15.

Schwab International Equity ETF Price Performance

The business’s 50-day moving average price is $27.54 and its two-hundred day moving average price is $26.65. The firm has a market cap of $69.33 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SCHF. Northwestern Mutual Wealth Management Co. increased its holdings in Schwab International Equity ETF by 4.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after buying an additional 12,246,283 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in Schwab International Equity ETF by 4.4% during the 1st quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after buying an additional 4,858,558 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in Schwab International Equity ETF by 94.7% during the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after buying an additional 20,481,030 shares during the last quarter. Morgan Stanley grew its position in shares of Schwab International Equity ETF by 79.4% in the 4th quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after acquiring an additional 8,376,473 shares in the last quarter. Finally, Composition Wealth LLC increased its holdings in shares of Schwab International Equity ETF by 7.3% in the 4th quarter. Composition Wealth LLC now owns 13,933,649 shares of the company’s stock valued at $334,965,000 after acquiring an additional 945,930 shares during the last quarter.

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.