Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Unusually-High Trading Volume – Time to Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw unusually-high trading volume on Monday . Approximately 771,058 shares were traded during mid-day trading, an increase of 297% from the previous session’s volume of 194,441 shares.The stock last traded at $25.29 and had previously closed at $25.38.

Schwab International Dividend Equity ETF Price Performance

The stock has a market capitalization of $848.74 million, a PE ratio of 14.88 and a beta of 0.64. The stock’s 50 day moving average is $24.01 and its two-hundred day moving average is $24.60.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

Several institutional investors have recently added to or reduced their stakes in SCHY. LGT Financial Advisors LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the fourth quarter worth approximately $37,000. Comerica Bank lifted its holdings in Schwab International Dividend Equity ETF by 25.4% in the 4th quarter. Comerica Bank now owns 2,517 shares of the company’s stock valued at $58,000 after purchasing an additional 510 shares in the last quarter. Redwood Park Advisors LLC purchased a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter valued at $75,000. Synergy Investment Management LLC acquired a new position in Schwab International Dividend Equity ETF during the fourth quarter worth approximately $107,000. Finally, Accredited Wealth Management LLC purchased a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter worth about $121,000.

Schwab International Dividend Equity ETF Company 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.