Summit Asset Management LLC Has $18.25 Million Stock Holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Summit Asset Management LLC raised its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 5.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 742,336 shares of the company’s stock after purchasing an additional 36,458 shares during the period. Schwab International Dividend Equity ETF makes up approximately 4.4% of Summit Asset Management LLC’s holdings, making the stock its 6th biggest position. Summit Asset Management LLC owned 2.35% of Schwab International Dividend Equity ETF worth $18,254,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SCHY. Myecfo LLC raised its stake in shares of Schwab International Dividend Equity ETF by 3.7% in the 4th quarter. Myecfo LLC now owns 18,474 shares of the company’s stock valued at $454,000 after buying an additional 659 shares in the last quarter. AdvisorNet Financial Inc raised its stake in shares of Schwab International Dividend Equity ETF by 68.8% in the 4th quarter. AdvisorNet Financial Inc now owns 1,806 shares of the company’s stock valued at $44,000 after buying an additional 736 shares in the last quarter. Noble Family Wealth LLC increased its position in shares of Schwab International Dividend Equity ETF by 2.4% during the 4th quarter. Noble Family Wealth LLC now owns 74,246 shares of the company’s stock worth $1,826,000 after purchasing an additional 1,738 shares in the last quarter. Raymond James & Associates increased its position in shares of Schwab International Dividend Equity ETF by 6.9% during the 3rd quarter. Raymond James & Associates now owns 29,657 shares of the company’s stock worth $682,000 after purchasing an additional 1,922 shares in the last quarter. Finally, Anchor Investment Management LLC bought a new stake in Schwab International Dividend Equity ETF during the 4th quarter worth approximately $57,000.

Schwab International Dividend Equity ETF Trading Up 0.7 %

NYSEARCA SCHY traded up $0.16 during trading hours on Thursday, reaching $23.87. 41,931 shares of the company’s stock were exchanged, compared to its average volume of 125,907. The stock has a market cap of $773.39 million, a PE ratio of 11.67 and a beta of 0.66. The firm has a fifty day moving average of $24.06 and a 200-day moving average of $23.91. Schwab International Dividend Equity ETF has a one year low of $22.05 and a one year high of $24.95.

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.