Souders Financial Advisors Reduces Stake in Schwab International Dividend Equity ETF $SCHY

Souders Financial Advisors lowered its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 48.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,174 shares of the company’s stock after selling 16,465 shares during the quarter. Souders Financial Advisors’ holdings in Schwab International Dividend Equity ETF were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Cresset Asset Management LLC grew its holdings in Schwab International Dividend Equity ETF by 68.6% during the first quarter. Cresset Asset Management LLC now owns 3,173,277 shares of the company’s stock valued at $80,538,000 after purchasing an additional 1,291,180 shares during the period. HighTower Advisors LLC raised its stake in shares of Schwab International Dividend Equity ETF by 1,068.3% in the first quarter. HighTower Advisors LLC now owns 483,556 shares of the company’s stock valued at $12,273,000 after buying an additional 442,166 shares during the period. LeConte Wealth Management LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 1st quarter valued at $10,472,000. Charles Schwab Trust Co grew its stake in shares of Schwab International Dividend Equity ETF by 31.1% during the 2nd quarter. Charles Schwab Trust Co now owns 289,111 shares of the company’s stock worth $7,907,000 after acquiring an additional 68,605 shares during the period. Finally, IRON Financial LLC increased its holdings in Schwab International Dividend Equity ETF by 3.1% in the 2nd quarter. IRON Financial LLC now owns 246,270 shares of the company’s stock worth $6,735,000 after acquiring an additional 7,360 shares during the last quarter.

Schwab International Dividend Equity ETF Stock Performance

Shares of Schwab International Dividend Equity ETF stock opened at $28.47 on Friday. The stock has a market capitalization of $1.44 billion, a P/E ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a 52-week low of $22.81 and a 52-week high of $28.69. The stock’s 50-day simple moving average is $28.16 and its 200 day simple moving average is $27.55.

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.