Asset Advisors Investment Management LLC Cuts Stock Holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Asset Advisors Investment Management LLC cut its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 243,921 shares of the company’s stock after selling 5,813 shares during the period. Asset Advisors Investment Management LLC’s holdings in Schwab International Dividend Equity ETF were worth $5,639,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Summit Asset Management LLC grew its stake in Schwab International Dividend Equity ETF by 1.6% in the 3rd quarter. Summit Asset Management LLC now owns 841,247 shares of the company’s stock valued at $22,015,000 after acquiring an additional 13,536 shares during the period. Magnolia Capital Advisors LLC lifted its position in Schwab International Dividend Equity ETF by 4.9% during the fourth quarter. Magnolia Capital Advisors LLC now owns 218,820 shares of the company’s stock worth $5,059,000 after buying an additional 10,169 shares in the last quarter. IRON Financial LLC boosted its position in shares of Schwab International Dividend Equity ETF by 22.0% during the 4th quarter. IRON Financial LLC now owns 211,717 shares of the company’s stock valued at $4,895,000 after acquiring an additional 38,196 shares during the last quarter. Charles Schwab Trust Co grew its stake in shares of Schwab International Dividend Equity ETF by 5.9% in the 4th quarter. Charles Schwab Trust Co now owns 190,106 shares of the company’s stock valued at $4,395,000 after buying an additional 10,573 shares during the period. Finally, First Merchants Corp increased its stake in Schwab International Dividend Equity ETF by 4.1% during the fourth quarter. First Merchants Corp now owns 175,786 shares of the company’s stock worth $4,064,000 after acquiring an additional 6,883 shares during the last quarter.

Schwab International Dividend Equity ETF Price Performance

NYSEARCA SCHY opened at $24.32 on Monday. The stock has a market capitalization of $817.15 million, a P/E ratio of 14.31 and a beta of 0.65. The firm’s 50-day moving average is $23.63 and its two-hundred day moving average is $24.63. Schwab International Dividend Equity ETF has a 12 month low of $22.81 and a 12 month high of $26.54.

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.