Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Strong Trading Volume – Time to Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw an uptick in trading volume on Wednesday . 180,537 shares changed hands during mid-day trading, an increase of 28% from the previous session’s volume of 141,203 shares.The stock last traded at $24.19 and had previously closed at $24.08.

Schwab International Dividend Equity ETF Price Performance

The company has a 50 day moving average price of $25.17 and a two-hundred day moving average price of $24.88. The stock has a market cap of $784.40 million, a PE ratio of 12.22 and a beta of 0.68.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Creative Planning purchased a new position in shares of Schwab International Dividend Equity ETF in the 3rd quarter valued at $261,000. Park Avenue Securities LLC grew its holdings in shares of Schwab International Dividend Equity ETF by 10.2% during the third quarter. Park Avenue Securities LLC now owns 11,564 shares of the company’s stock valued at $303,000 after buying an additional 1,075 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab International Dividend Equity ETF by 4.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 37,166 shares of the company’s stock valued at $876,000 after buying an additional 1,720 shares during the last quarter. LongView Wealth Management grew its stake in Schwab International Dividend Equity ETF by 25.9% during the 3rd quarter. LongView Wealth Management now owns 139,334 shares of the company’s stock valued at $3,646,000 after purchasing an additional 28,624 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Schwab International Dividend Equity ETF by 8.6% in the second quarter. Commonwealth Equity Services LLC now owns 80,191 shares of the company’s stock valued at $1,890,000 after buying an additional 6,348 shares during the last quarter.

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.