Summit Asset Management LLC Acquires 3,218 Shares of Schwab International Dividend Equity ETF $SCHY

Summit Asset Management LLC grew its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 0.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 660,984 shares of the company’s stock after buying an additional 3,218 shares during the period. Schwab International Dividend Equity ETF makes up 2.9% of Summit Asset Management LLC’s portfolio, making the stock its 11th largest holding. Summit Asset Management LLC’s holdings in Schwab International Dividend Equity ETF were worth $18,078,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Cresset Asset Management LLC lifted its holdings in shares of Schwab International Dividend Equity ETF by 68.6% in the 1st quarter. Cresset Asset Management LLC now owns 3,173,277 shares of the company’s stock valued at $80,538,000 after acquiring an additional 1,291,180 shares during the last quarter. HighTower Advisors LLC increased its stake in Schwab International Dividend Equity ETF by 1,068.3% during the first quarter. HighTower Advisors LLC now owns 483,556 shares of the company’s stock worth $12,273,000 after acquiring an additional 442,166 shares during the last quarter. LeConte Wealth Management LLC purchased a new stake in Schwab International Dividend Equity ETF during the first quarter valued at approximately $10,472,000. Charles Schwab Trust Co raised its position in Schwab International Dividend Equity ETF by 31.1% during the second quarter. Charles Schwab Trust Co now owns 289,111 shares of the company’s stock valued at $7,907,000 after purchasing an additional 68,605 shares during the period. Finally, IRON Financial LLC lifted its stake in shares of 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 valued at $6,735,000 after purchasing 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 $28.64 on Friday. The stock has a 50 day moving average price of $28.17 and a 200-day moving average price of $27.58. Schwab International Dividend Equity ETF has a one year low of $22.81 and a one year high of $28.69. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57.

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.