Schwab International Equity ETF (NYSEARCA:SCHF) Sets New 52-Week High – Still a Buy?

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $28.22 and last traded at $28.11, with a volume of 366381 shares trading hands. The stock had previously closed at $27.74.

Schwab International Equity ETF Price Performance

The company has a 50-day moving average of $26.93 and a 200 day moving average of $25.69. The firm has a market capitalization of $66.56 billion, a PE ratio of 16.14 and a beta of 0.82.

Hedge Funds Weigh In On Schwab International Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in Schwab International Equity ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock worth $7,157,992,000 after buying an additional 12,246,283 shares in the last quarter. Wealthfront Advisers LLC grew its position in Schwab International Equity ETF by 4.4% during the first quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after buying an additional 4,858,558 shares in the last quarter. Corient Private Wealth LLC grew its position in Schwab International Equity ETF by 94.7% during the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after buying an additional 20,481,030 shares in the last quarter. Morgan Stanley grew its position in Schwab International Equity ETF by 79.4% during the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after buying an additional 8,376,473 shares in the last quarter. Finally, US Bancorp DE grew its position in Schwab International Equity ETF by 3.6% during the third quarter. US Bancorp DE now owns 14,032,989 shares of the company’s stock worth $326,688,000 after buying an additional 487,889 shares in the last quarter.

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. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.