Sequoia Financial Advisors LLC Has $4.23 Million Stock Position in Schwab International Dividend Equity ETF $SCHY

Sequoia Financial Advisors LLC lowered its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 22.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 141,890 shares of the company’s stock after selling 42,039 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.24% of Schwab International Dividend Equity ETF worth $4,231,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its position in shares of Schwab International Dividend Equity ETF by 136.5% during the second quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock worth $8,022,000 after purchasing an additional 169,291 shares in the last quarter. Modern Wealth Management LLC increased its holdings in shares of Schwab International Dividend Equity ETF by 61.1% in the third quarter. Modern Wealth Management LLC now owns 233,842 shares of the company’s stock valued at $6,534,000 after purchasing an additional 88,656 shares in the last quarter. Bank of America Corp DE raised its position in Schwab International Dividend Equity ETF by 38.2% in the 2nd quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock worth $8,571,000 after purchasing an additional 86,606 shares during the last quarter. Farrow Financial Inc. bought a new position in Schwab International Dividend Equity ETF in the 4th quarter worth approximately $2,410,000. Finally, Royal Bank of Canada lifted its holdings in Schwab International Dividend Equity ETF by 913.5% during the 1st quarter. Royal Bank of Canada now owns 88,377 shares of the company’s stock worth $2,243,000 after buying an additional 79,657 shares in the last quarter.

Schwab International Dividend Equity ETF Stock Performance

Shares of SCHY opened at $32.18 on Friday. The business’s fifty day moving average price is $32.13 and its two-hundred day moving average price is $30.85. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 14.06 and a beta of 0.54. Schwab International Dividend Equity ETF has a 52 week low of $26.11 and a 52 week high of $34.04.

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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.