MFG Investments LLC purchased a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,782 shares of the company’s stock, valued at approximately $998,000. Schwab International Dividend Equity ETF makes up approximately 1.1% of MFG Investments LLC’s investment portfolio, making the stock its 26th largest position.
Several other large investors have also recently added to or reduced their stakes in the company. IRON Financial LLC acquired a new stake in Schwab International Dividend Equity ETF in the third quarter valued at about $10,062,000. TD Waterhouse Canada Inc. purchased a new stake in Schwab International Dividend Equity ETF in the 2nd quarter valued at approximately $9,421,000. Woodmont Investment Counsel LLC purchased a new stake in Schwab International Dividend Equity ETF in the 3rd quarter valued at approximately $9,865,000. Fifth Third Wealth Advisors LLC increased its position in Schwab International Dividend Equity ETF by 53.2% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 587,270 shares of the company’s stock worth $18,440,000 after purchasing an additional 204,017 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Schwab International Dividend Equity ETF by 354.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 220,757 shares of the company’s stock worth $7,005,000 after purchasing an additional 172,190 shares during the period.
Schwab International Dividend Equity ETF Trading Down 0.8%
Shares of SCHY stock opened at $32.90 on Wednesday. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 14.06 and a beta of 0.52. The stock has a 50 day simple moving average of $32.54 and a 200-day simple moving average of $32.38. Schwab International Dividend Equity ETF has a 12-month low of $28.00 and a 12-month high of $34.04.
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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.
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