Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Shares Sold by Summit Asset Management LLC

Summit Asset Management LLC trimmed its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 20.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 669,237 shares of the company’s stock after selling 172,010 shares during the period. Schwab International Dividend Equity ETF comprises about 2.7% of Summit Asset Management LLC’s portfolio, making the stock its 15th largest holding. Summit Asset Management LLC owned approximately 2.07% of Schwab International Dividend Equity ETF worth $15,473,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Magnolia Capital Advisors LLC boosted its holdings in Schwab International Dividend Equity ETF by 4.9% in the 4th quarter. Magnolia Capital Advisors LLC now owns 218,820 shares of the company’s stock worth $5,059,000 after buying an additional 10,169 shares during the last quarter. IRON Financial LLC boosted its holdings in Schwab International Dividend Equity ETF by 22.0% in the 4th quarter. IRON Financial LLC now owns 211,717 shares of the company’s stock worth $4,895,000 after buying an additional 38,196 shares during the last quarter. Charles Schwab Trust Co boosted its holdings in Schwab International Dividend Equity ETF by 5.9% in the 4th quarter. Charles Schwab Trust Co now owns 190,106 shares of the company’s stock worth $4,395,000 after buying an additional 10,573 shares during the last quarter. First Merchants Corp boosted its holdings in Schwab International Dividend Equity ETF by 4.1% in the 4th quarter. First Merchants Corp now owns 175,786 shares of the company’s stock worth $4,064,000 after buying an additional 6,883 shares during the last quarter. Finally, LongView Wealth Management lifted its stake in Schwab International Dividend Equity ETF by 9.0% in the 4th quarter. LongView Wealth Management now owns 151,933 shares of the company’s stock worth $3,513,000 after purchasing an additional 12,599 shares in the last quarter.

Schwab International Dividend Equity ETF Price Performance

SCHY opened at $24.32 on Friday. The company’s 50 day simple moving average is $23.63 and its two-hundred day simple moving average is $24.63. Schwab International Dividend Equity ETF has a 1-year low of $22.81 and a 1-year high of $26.54. The firm has a market capitalization of $817.15 million, a price-to-earnings ratio of 14.31 and a beta of 0.65.

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.