Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Shares Sold by Summit Asset Management LLC

Summit Asset Management LLC decreased its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 20.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 669,237 shares of the company’s stock after selling 172,010 shares during the quarter. Schwab International Dividend Equity ETF comprises about 2.7% of Summit Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. Summit Asset Management LLC’s holdings in Schwab International Dividend Equity ETF were worth $15,473,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Schwab International Dividend Equity ETF by 6.1% during the third quarter. JPMorgan Chase & Co. now owns 50,928 shares of the company’s stock worth $1,333,000 after purchasing an additional 2,940 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Schwab International Dividend Equity ETF by 171.0% during the fourth quarter. Park Avenue Securities LLC now owns 31,342 shares of the company’s stock worth $725,000 after purchasing an additional 19,778 shares in the last quarter. Creative Planning acquired a new position in shares of Schwab International Dividend Equity ETF during the third quarter worth $261,000. Avidian Wealth Enterprises LLC grew its stake in shares of Schwab International Dividend Equity ETF by 7.1% during the third quarter. Avidian Wealth Enterprises LLC now owns 32,916 shares of the company’s stock worth $861,000 after purchasing an additional 2,184 shares in the last quarter. Finally, Hara Capital LLC acquired a new position in shares of Schwab International Dividend Equity ETF during the third quarter worth $114,000.

Schwab International Dividend Equity ETF Price Performance

NYSEARCA SCHY opened at $24.32 on Friday. Schwab International Dividend Equity ETF has a 1 year low of $22.81 and a 1 year high of $26.54. The company has a market capitalization of $817.15 million, a PE ratio of 14.31 and a beta of 0.65. The company has a fifty day moving average of $23.63 and a two-hundred day moving average of $24.63.

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.