Sheets Smith Wealth Management Boosts Holdings in Schwab International Equity ETF (NYSEARCA:SCHF)

Sheets Smith Wealth Management lifted its stake in Schwab International Equity ETF (NYSEARCA:SCHF) by 641.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 431,180 shares of the company’s stock after buying an additional 373,055 shares during the period. Schwab International Equity ETF comprises 1.9% of Sheets Smith Wealth Management’s portfolio, making the stock its 9th biggest holding. Sheets Smith Wealth Management’s holdings in Schwab International Equity ETF were worth $15,936,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Raymond James & Associates raised its stake in shares of Schwab International Equity ETF by 0.4% in the 3rd quarter. Raymond James & Associates now owns 376,196 shares of the company’s stock valued at $12,776,000 after buying an additional 1,357 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in Schwab International Equity ETF in the 3rd quarter valued at $241,000. Bank of New York Mellon Corp grew its position in Schwab International Equity ETF by 25.2% in the third quarter. Bank of New York Mellon Corp now owns 82,404 shares of the company’s stock valued at $2,798,000 after acquiring an additional 16,579 shares during the period. WealthShield Partners LLC grew its position in Schwab International Equity ETF by 3.9% in the third quarter. WealthShield Partners LLC now owns 548,593 shares of the company’s stock valued at $18,630,000 after acquiring an additional 20,700 shares during the period. Finally, BCK Partners Inc. raised its stake in Schwab International Equity ETF by 3.4% during the third quarter. BCK Partners Inc. now owns 190,700 shares of the company’s stock worth $6,476,000 after acquiring an additional 6,205 shares in the last quarter.

Schwab International Equity ETF Stock Performance

Shares of NYSEARCA:SCHF traded up $0.35 on Friday, hitting $38.52. The stock had a trading volume of 4,441,468 shares, compared to its average volume of 3,895,382. The firm’s 50 day moving average price is $38.28 and its 200-day moving average price is $36.63. Schwab International Equity ETF has a twelve month low of $32.29 and a twelve month high of $39.13. The company has a market capitalization of $36.92 billion, a price-to-earnings ratio of 14.38 and a beta of 0.85.

Schwab International Equity ETF Company Profile

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.