Summit Financial Strategies Inc. Sells 29,312 Shares of Schwab International Equity ETF $SCHF

Summit Financial Strategies Inc. trimmed its stake in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 14.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,859 shares of the company’s stock after selling 29,312 shares during the quarter. Schwab International Equity ETF makes up about 0.3% of Summit Financial Strategies Inc.’s portfolio, making the stock its 27th largest holding. Summit Financial Strategies Inc.’s holdings in Schwab International Equity ETF were worth $4,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Schwab International Equity ETF by 4.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after buying an additional 12,246,283 shares in the last quarter. Wealthfront Advisers LLC grew its stake in shares of 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 during the last quarter. Corient Private Wealth LLC increased its holdings in shares of 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 increased its holdings in shares of 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, Orgel Wealth Management LLC lifted its stake in shares of Schwab International Equity ETF by 3.0% in the 2nd quarter. Orgel Wealth Management LLC now owns 9,692,489 shares of the company’s stock valued at $268,482,000 after acquiring an additional 280,973 shares during the last quarter.

Schwab International Equity ETF Stock Performance

Shares of SCHF opened at $28.47 on Wednesday. Schwab International Equity ETF has a 52 week low of $22.85 and a 52 week high of $28.68. The stock has a market capitalization of $69.28 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82. The stock has a fifty day moving average of $27.82 and a 200-day moving average of $26.95.

About Schwab International Equity ETF

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.