IMA Advisory Services Inc. Reduces Stake in Schwab International Equity ETF $SCHF

IMA Advisory Services Inc. lowered its stake in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 417,626 shares of the company’s stock after selling 12,562 shares during the period. Schwab International Equity ETF accounts for 1.0% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 22nd biggest holding. IMA Advisory Services Inc.’s holdings in Schwab International Equity ETF were worth $9,230,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab International Equity ETF by 3.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 348,092,210 shares of the company’s stock valued at $6,885,264,000 after buying an additional 13,021,873 shares during the period. Wealthspire Advisors LLC raised its stake in Schwab International Equity ETF by 100.6% in the 1st quarter. Wealthspire Advisors LLC now owns 20,460,262 shares of the company’s stock valued at $404,704,000 after acquiring an additional 10,262,110 shares during the period. Wealthfront Advisers LLC lifted its holdings in Schwab International Equity ETF by 4.7% during the second quarter. Wealthfront Advisers LLC now owns 109,691,724 shares of the company’s stock valued at $2,424,187,000 after purchasing an additional 4,920,805 shares during the last quarter. Empower Advisory Group LLC boosted its position in Schwab International Equity ETF by 2.0% during the first quarter. Empower Advisory Group LLC now owns 184,791,578 shares of the company’s stock worth $3,655,177,000 after purchasing an additional 3,702,009 shares during the period. Finally, SCS Capital Management LLC increased its stake in shares of Schwab International Equity ETF by 22.1% in the first quarter. SCS Capital Management LLC now owns 13,136,350 shares of the company’s stock worth $259,837,000 after purchasing an additional 2,379,429 shares in the last quarter.

Schwab International Equity ETF Stock Up 1.2%

NYSEARCA SCHF opened at $23.94 on Tuesday. The firm has a market cap of $53.02 billion, a P/E ratio of 16.14 and a beta of 0.86. The company’s 50 day moving average is $23.41 and its 200-day moving average is $22.41. Schwab International Equity ETF has a 12-month low of $17.56 and a 12-month high of $24.08.

About Schwab International Equity ETF

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.