Woodmont Investment Counsel LLC Purchases New Shares in Schwab International Dividend Equity ETF $SCHY

Woodmont Investment Counsel LLC acquired a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 314,162 shares of the company’s stock, valued at approximately $9,865,000. Woodmont Investment Counsel LLC owned approximately 0.39% of Schwab International Dividend Equity ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHY. IRON Financial LLC bought a new stake in Schwab International Dividend Equity ETF in the 3rd quarter valued at approximately $10,062,000. TD Waterhouse Canada Inc. acquired a new position in Schwab International Dividend Equity ETF during the second quarter worth $9,421,000. Fifth Third Wealth Advisors LLC boosted its holdings in Schwab International Dividend Equity ETF by 53.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 587,270 shares of the company’s stock worth $18,440,000 after purchasing an additional 204,017 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Schwab International Dividend Equity ETF by 354.5% in the second quarter. Envestnet Asset Management Inc. now owns 220,757 shares of the company’s stock valued at $7,005,000 after purchasing an additional 172,190 shares in the last quarter. Finally, Greg Jennings LLC bought a new position in Schwab International Dividend Equity ETF in the third quarter valued at $5,366,000.

Schwab International Dividend Equity ETF Stock Performance

Shares of SCHY stock opened at $33.10 on Monday. Schwab International Dividend Equity ETF has a 1 year low of $28.00 and a 1 year high of $34.04. The firm’s fifty day moving average price is $32.57 and its two-hundred day moving average price is $32.35. The firm has a market capitalization of $2.71 billion, a P/E ratio of 14.06 and a beta of 0.52.

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.