Sequoia Financial Advisors LLC Trims Stake in Schwab International Dividend Equity ETF $SCHY

Sequoia Financial Advisors LLC reduced its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 18.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,758 shares of the company’s stock after selling 26,132 shares during the period. Sequoia Financial Advisors LLC owned 0.17% of Schwab International Dividend Equity ETF worth $3,665,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. OMC Financial Services LTD lifted its stake in shares of Schwab International Dividend Equity ETF by 4.6% in the 1st quarter. OMC Financial Services LTD now owns 166,350 shares of the company’s stock valued at $5,267,000 after purchasing an additional 7,372 shares during the period. Kestra Advisory Services LLC grew its stake in Schwab International Dividend Equity ETF by 14.5% in the first quarter. Kestra Advisory Services LLC now owns 38,012 shares of the company’s stock worth $1,203,000 after purchasing an additional 4,828 shares during the period. Red Mountain Financial LLC raised its holdings in Schwab International Dividend Equity ETF by 5.6% in the first quarter. Red Mountain Financial LLC now owns 141,892 shares of the company’s stock worth $4,492,000 after purchasing an additional 7,505 shares in the last quarter. Astoria Portfolio Advisors LLC. raised its holdings in Schwab International Dividend Equity ETF by 2.3% in the first quarter. Astoria Portfolio Advisors LLC. now owns 50,244 shares of the company’s stock worth $1,615,000 after purchasing an additional 1,126 shares in the last quarter. Finally, Hendershot Investments Inc. purchased a new position in Schwab International Dividend Equity ETF during the first quarter valued at $290,000.

Schwab International Dividend Equity ETF Trading Up 0.1%

Shares of Schwab International Dividend Equity ETF stock opened at $32.10 on Tuesday. Schwab International Dividend Equity ETF has a 12 month low of $26.83 and a 12 month high of $34.04. The firm has a market capitalization of $2.36 billion, a P/E ratio of 14.06 and a beta of 0.53. The business has a fifty day simple moving average of $32.17 and a two-hundred day simple moving average of $31.89.

About Schwab International Dividend Equity ETF

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.