Schwab International Equity ETF (NYSEARCA:SCHF) Hits New 12-Month High – Here’s What Happened

Schwab International Equity ETF (NYSEARCA:SCHF) hit a new 52-week high during trading on Thursday . The company traded as high as $27.10 and last traded at $27.08, with a volume of 8357633 shares changing hands. The stock had previously closed at $26.78.

Schwab International Equity ETF Stock Up 1.1%

The stock has a market capitalization of $62.43 billion, a price-to-earnings ratio of 16.14 and a beta of 0.86. The business’s 50-day moving average is $25.30 and its two-hundred day moving average is $24.07.

Institutional Investors Weigh In On Schwab International Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its position in Schwab International Equity ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock worth $7,157,992,000 after buying an additional 12,246,283 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of Schwab International Equity ETF by 1.4% in the 4th quarter. Wealthfront Advisers LLC now owns 111,479,482 shares of the company’s stock worth $2,679,967,000 after acquiring an additional 1,497,065 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Schwab International Equity ETF by 94.7% in the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after acquiring an additional 20,481,030 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Schwab International Equity ETF by 2.2% during the 3rd quarter. HighTower Advisors LLC now owns 22,411,217 shares of the company’s stock worth $521,733,000 after acquiring an additional 488,836 shares during the period. Finally, Wealthspire Advisors LLC boosted its position in shares of Schwab International Equity ETF by 5.2% during the 2nd quarter. Wealthspire Advisors LLC now owns 21,525,356 shares of the company’s stock valued at $475,710,000 after acquiring an additional 1,065,094 shares during the last quarter.

Schwab International Equity ETF Company Profile

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. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.