64,014 Shares of Schwab International Dividend Equity ETF $SCHY Purchased by First Merchants Corp

First Merchants Corp acquired a new stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the 3rd quarter, Holdings Channel reports. The firm acquired 64,014 shares of the company’s stock, valued at approximately $2,010,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHY. Charles Schwab Trust Co increased its stake in shares of Schwab International Dividend Equity ETF by 0.7% during the third quarter. Charles Schwab Trust Co now owns 283,199 shares of the company’s stock worth $8,892,000 after buying an additional 2,107 shares during the period. Orgel Wealth Management LLC raised its holdings in Schwab International Dividend Equity ETF by 4.7% in the third quarter. Orgel Wealth Management LLC now owns 28,209 shares of the company’s stock valued at $886,000 after acquiring an additional 1,266 shares in the last quarter. Myecfo LLC raised its holdings in Schwab International Dividend Equity ETF by 4.2% in the third quarter. Myecfo LLC now owns 26,817 shares of the company’s stock valued at $842,000 after acquiring an additional 1,081 shares in the last quarter. Seelaus Asset Management LLC purchased a new position in Schwab International Dividend Equity ETF in the third quarter worth approximately $224,000. Finally, Wedmont Private Capital lifted its stake in Schwab International Dividend Equity ETF by 1.5% in the third quarter. Wedmont Private Capital now owns 25,533 shares of the company’s stock worth $805,000 after acquiring an additional 373 shares during the last quarter.

Schwab International Dividend Equity ETF Stock Up 1.6%

NYSEARCA SCHY opened at $32.62 on Friday. Schwab International Dividend Equity ETF has a 52 week low of $28.00 and a 52 week high of $34.04. The stock has a market capitalization of $2.64 billion, a PE ratio of 14.06 and a beta of 0.52. The firm has a 50 day moving average of $32.66 and a two-hundred day moving average of $32.44.

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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.