Schwab International Dividend Equity ETF $SCHY Position Boosted by IRON Financial LLC

IRON Financial LLC lifted its holdings in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 14.2% in the third quarter, HoldingsChannel.com reports. The fund owned 281,189 shares of the company’s stock after acquiring an additional 34,919 shares during the period. Schwab International Dividend Equity ETF makes up 3.8% of IRON Financial LLC’s investment portfolio, making the stock its 8th largest position. IRON Financial LLC’s holdings in Schwab International Dividend Equity ETF were worth $7,856,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Schwab International Dividend Equity ETF by 913.5% during the 1st quarter. Royal Bank of Canada now owns 88,377 shares of the company’s stock worth $2,243,000 after purchasing an additional 79,657 shares during the period. Modern Wealth Management LLC boosted its stake in Schwab International Dividend Equity ETF by 6.2% in the first quarter. Modern Wealth Management LLC now owns 147,635 shares of the company’s stock valued at $3,747,000 after acquiring an additional 8,580 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Schwab International Dividend Equity ETF by 2.9% during the 2nd quarter. Parallel Advisors LLC now owns 15,428 shares of the company’s stock valued at $422,000 after acquiring an additional 428 shares during the period. Fiduciary Alliance LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the 2nd quarter worth approximately $1,847,000. Finally, Bruce G. Allen Investments LLC increased its stake in shares of Schwab International Dividend Equity ETF by 13.9% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 10,580 shares of the company’s stock worth $289,000 after purchasing an additional 1,288 shares during the last quarter.

Schwab International Dividend Equity ETF Trading Down 0.1%

Shares of NYSEARCA SCHY opened at $30.03 on Friday. The stock has a fifty day simple moving average of $29.38 and a two-hundred day simple moving average of $28.40. Schwab International Dividend Equity ETF has a 1-year low of $22.81 and a 1-year high of $30.25. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57.

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.