Schwab International Dividend Equity ETF $SCHY Shares Bought by Hamel Associates Inc.

Hamel Associates Inc. grew its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 12.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 707,159 shares of the company’s stock after acquiring an additional 76,611 shares during the quarter. Schwab International Dividend Equity ETF comprises about 6.3% of Hamel Associates Inc.’s investment portfolio, making the stock its largest holding. Hamel Associates Inc. owned about 1.17% of Schwab International Dividend Equity ETF worth $21,087,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHY. Optima Capital LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at $30,000. Franklin Resources Inc. acquired a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at $49,000. Biltmore Family Office LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at $51,000. International Assets Investment Management LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at $54,000. Finally, Assetmark Inc. boosted its holdings in shares of Schwab International Dividend Equity ETF by 175.8% during the fourth quarter. Assetmark Inc. now owns 2,071 shares of the company’s stock valued at $62,000 after acquiring an additional 1,320 shares during the period.

Schwab International Dividend Equity ETF Stock Performance

Shares of SCHY opened at $32.08 on Thursday. The company has a market cap of $2.23 billion, a price-to-earnings ratio of 14.06 and a beta of 0.53. The firm has a fifty day moving average of $32.30 and a 200-day moving average of $31.47. Schwab International Dividend Equity ETF has a 1 year low of $26.81 and a 1 year high of $34.04.

About Schwab International Dividend Equity ETF

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.