Tennessee Valley Asset Management Partners Makes New $236,000 Investment in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Tennessee Valley Asset Management Partners bought a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the first quarter, Holdings Channel reports. The firm bought 9,310 shares of the company’s stock, valued at approximately $236,000.

Other large investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in shares of Schwab International Dividend Equity ETF in the first quarter valued at approximately $26,000. LGT Financial Advisors LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at approximately $37,000. Comerica Bank boosted its position in shares of Schwab International Dividend Equity ETF by 25.4% in the fourth quarter. Comerica Bank now owns 2,517 shares of the company’s stock valued at $58,000 after acquiring an additional 510 shares during the period. Redwood Park Advisors LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at approximately $75,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at approximately $107,000.

Schwab International Dividend Equity ETF Trading Up 0.1%

SCHY opened at $27.51 on Tuesday. Schwab International Dividend Equity ETF has a 1-year low of $22.81 and a 1-year high of $27.82. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 14.36 and a beta of 0.58. The business has a 50 day moving average of $26.44 and a 200-day moving average of $24.97.

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.