Schwab International Equity ETF $SCHF Stake Boosted by Summit Asset Management LLC

Summit Asset Management LLC grew its position in Schwab International Equity ETF (NYSEARCA:SCHFFree Report) by 1.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,618,896 shares of the company’s stock after purchasing an additional 26,926 shares during the quarter. Schwab International Equity ETF makes up about 5.6% of Summit Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding. Summit Asset Management LLC owned approximately 0.07% of Schwab International Equity ETF worth $40,068,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab International Equity ETF by 4.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after buying an additional 12,246,283 shares in the last quarter. Wealthfront Advisers LLC increased its stake in Schwab International Equity ETF by 4.4% in the 1st quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after buying an additional 4,858,558 shares in the last quarter. Corient Private Wealth LLC increased its stake in Schwab International Equity ETF by 94.7% in the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after buying an additional 20,481,030 shares in the last quarter. Morgan Stanley raised its holdings in Schwab International Equity ETF by 79.4% during the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock valued at $455,033,000 after acquiring an additional 8,376,473 shares during the period. Finally, Composition Wealth LLC raised its holdings in Schwab International Equity ETF by 7.3% during the fourth quarter. Composition Wealth LLC now owns 13,933,649 shares of the company’s stock valued at $334,965,000 after acquiring an additional 945,930 shares during the period.

Schwab International Equity ETF Stock Down 0.6%

Shares of Schwab International Equity ETF stock opened at $26.86 on Tuesday. The stock’s 50-day simple moving average is $27.46 and its 200-day simple moving average is $26.29. Schwab International Equity ETF has a 52 week low of $21.57 and a 52 week high of $28.41. The company has a market capitalization of $65.14 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82.

Schwab International Equity ETF Profile

(Free Report)

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.

See Also

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Institutional Ownership by Quarter for Schwab International Equity ETF (NYSEARCA:SCHF)

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