Cranbrook Wealth Management LLC Makes New $18.84 Million Investment in Schwab International Equity ETF $SCHF

Cranbrook Wealth Management LLC purchased a new stake in Schwab International Equity ETF (NYSEARCA:SCHF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 685,835 shares of the company’s stock, valued at approximately $18,840,000. Schwab International Equity ETF makes up approximately 3.6% of Cranbrook Wealth Management LLC’s portfolio, making the stock its 5th largest position.

A number of other large investors have also recently added to or reduced their stakes in the stock. Costello Asset Management INC increased its stake in Schwab International Equity ETF by 281.7% during the first quarter. Costello Asset Management INC now owns 1,084 shares of the company’s stock valued at $27,000 after purchasing an additional 800 shares during the last quarter. Oakworth Capital Inc. bought a new position in Schwab International Equity ETF in the third quarter worth about $31,000. Byrne Asset Management LLC acquired a new position in Schwab International Equity ETF in the second quarter valued at approximately $31,000. Frazier Financial Advisors LLC boosted its stake in Schwab International Equity ETF by 288.0% in the first quarter. Frazier Financial Advisors LLC now owns 1,133 shares of the company’s stock valued at $28,000 after acquiring an additional 841 shares during the period. Finally, Godsey & Gibb Inc. acquired a new position in Schwab International Equity ETF in the third quarter valued at approximately $34,000.

Schwab International Equity ETF Trading Down 1.4%

NYSEARCA:SCHF opened at $26.98 on Friday. The stock has a 50 day moving average of $27.67 and a 200-day moving average of $26.88. The firm has a market capitalization of $67.29 billion, a PE ratio of 16.14 and a beta of 0.83. Schwab International Equity ETF has a 52 week low of $22.96 and a 52 week high of $28.68.

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.