Sequoia Financial Advisors LLC Has $4.23 Million Position in Schwab International Dividend Equity ETF $SCHY

Sequoia Financial Advisors LLC trimmed its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 22.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 141,890 shares of the company’s stock after selling 42,039 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $4,231,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHY. Jane Street Group LLC grew its holdings in Schwab International Dividend Equity ETF by 136.5% during the second quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock valued at $8,022,000 after purchasing an additional 169,291 shares during the period. Modern Wealth Management LLC raised its holdings in Schwab International Dividend Equity ETF by 61.1% in the third quarter. Modern Wealth Management LLC now owns 233,842 shares of the company’s stock worth $6,534,000 after purchasing an additional 88,656 shares during the period. Bank of America Corp DE raised its holdings in Schwab International Dividend Equity ETF by 38.2% in the second quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock worth $8,571,000 after purchasing an additional 86,606 shares during the period. Farrow Financial Inc. bought a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter worth $2,410,000. Finally, Royal Bank of Canada boosted its position in shares of Schwab International Dividend Equity ETF by 913.5% during the first quarter. Royal Bank of Canada now owns 88,377 shares of the company’s stock worth $2,243,000 after purchasing an additional 79,657 shares in the last quarter.

Schwab International Dividend Equity ETF Stock Up 0.5%

SCHY opened at $32.18 on Friday. The stock has a market cap of $2.23 billion, a P/E ratio of 14.06 and a beta of 0.54. Schwab International Dividend Equity ETF has a 12 month low of $26.11 and a 12 month high of $34.04. The company has a fifty day simple moving average of $32.13 and a 200 day simple moving average of $30.85.

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