Raymond James Financial Inc. Acquires Shares of 34,421 Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Raymond James Financial Inc. bought a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 34,421 shares of the company’s stock, valued at approximately $796,000. Raymond James Financial Inc. owned approximately 0.11% of Schwab International Dividend Equity ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SCHY. Envestnet Asset Management Inc. increased its position in Schwab International Dividend Equity ETF by 85.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 607,094 shares of the company’s stock worth $14,036,000 after purchasing an additional 279,308 shares during the last quarter. LPL Financial LLC grew its stake in shares of Schwab International Dividend Equity ETF by 131.0% in the 4th quarter. LPL Financial LLC now owns 496,314 shares of the company’s stock valued at $11,475,000 after buying an additional 281,430 shares during the period. Magnolia Capital Advisors LLC increased its holdings in shares of Schwab International Dividend Equity ETF by 4.9% during the 4th quarter. Magnolia Capital Advisors LLC now owns 218,820 shares of the company’s stock worth $5,059,000 after buying an additional 10,169 shares during the last quarter. IRON Financial LLC raised its position in shares of Schwab International Dividend Equity ETF by 22.0% during the 4th quarter. IRON Financial LLC now owns 211,717 shares of the company’s stock valued at $4,895,000 after buying an additional 38,196 shares during the period. Finally, Charles Schwab Trust Co lifted its holdings in Schwab International Dividend Equity ETF by 5.9% in the fourth quarter. Charles Schwab Trust Co now owns 190,106 shares of the company’s stock valued at $4,395,000 after acquiring an additional 10,573 shares during the last quarter.

Schwab International Dividend Equity ETF Stock Up 0.2 %

SCHY stock opened at $26.69 on Wednesday. Schwab International Dividend Equity ETF has a 52-week low of $22.81 and a 52-week high of $26.78. The stock has a market cap of $979.52 million, a price-to-earnings ratio of 13.92 and a beta of 0.59. The business has a fifty day moving average of $25.30 and a two-hundred day moving average of $24.46.

Schwab International Dividend Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.1402 per share. The ex-dividend date was Wednesday, March 26th.

Schwab International Dividend Equity ETF Company 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.