Modern Wealth Management LLC Raises Stock Holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Modern Wealth Management LLC boosted its holdings in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 6.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 140,990 shares of the company’s stock after acquiring an additional 9,101 shares during the quarter. Modern Wealth Management LLC owned 0.44% of Schwab International Dividend Equity ETF worth $3,409,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted 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 valued at $1,333,000 after purchasing an additional 2,940 shares during the period. Park Avenue Securities LLC boosted its position in Schwab International Dividend Equity ETF by 171.0% in the 4th quarter. Park Avenue Securities LLC now owns 31,342 shares of the company’s stock valued at $725,000 after buying an additional 19,778 shares during the period. Beacon Financial Group grew its stake in Schwab International Dividend Equity ETF by 23.5% in the 4th quarter. Beacon Financial Group now owns 50,625 shares of the company’s stock worth $1,170,000 after acquiring an additional 9,648 shares in the last quarter. Wolfstich Capital LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter worth approximately $1,880,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of Schwab International Dividend Equity ETF by 69.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 68,218 shares of the company’s stock valued at $1,577,000 after acquiring an additional 27,877 shares in the last quarter.

Schwab International Dividend Equity ETF Stock Up 0.4 %

Shares of NYSEARCA:SCHY opened at $25.56 on Wednesday. The business’s 50 day moving average is $24.48 and its 200 day moving average is $24.57. The stock has a market cap of $858.82 million, a P/E ratio of 14.88 and a beta of 0.64. Schwab International Dividend Equity ETF has a 52-week low of $22.81 and a 52-week high of $26.54.

Schwab International Dividend Equity ETF 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.