Waverly Advisors LLC Increases Stock Position in Schwab International Dividend Equity ETF $SCHY

Waverly Advisors LLC increased its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 20.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,830 shares of the company’s stock after acquiring an additional 25,155 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $4,712,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHY. Cannell & Spears LLC acquired a new stake in Schwab International Dividend Equity ETF during the 1st quarter worth $204,000. Modern Wealth Management LLC increased its stake in Schwab International Dividend Equity ETF by 3.6% in the first quarter. Modern Wealth Management LLC now owns 335,129 shares of the company’s stock valued at $10,637,000 after purchasing an additional 11,496 shares during the period. Liberty One Investment Management LLC acquired a new position in Schwab International Dividend Equity ETF in the first quarter valued at $432,000. Sei Investments Co. raised its holdings in shares of Schwab International Dividend Equity ETF by 4.4% in the first quarter. Sei Investments Co. now owns 11,369 shares of the company’s stock valued at $360,000 after buying an additional 479 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Schwab International Dividend Equity ETF by 54.7% in the first quarter. Cetera Investment Advisers now owns 50,775 shares of the company’s stock valued at $1,608,000 after buying an additional 17,954 shares during the last quarter.

Schwab International Dividend Equity ETF Stock Up 1.6%

Shares of SCHY stock opened at $33.18 on Wednesday. The stock’s 50-day moving average price is $32.21 and its 200 day moving average price is $32.09. The stock has a market capitalization of $2.47 billion, a PE ratio of 14.06 and a beta of 0.53. Schwab International Dividend Equity ETF has a 52-week low of $26.83 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.