Envestnet Asset Management Inc. Purchases 3,308 Shares of Schwab International Dividend Equity ETF $SCHY

Envestnet Asset Management Inc. grew its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 28.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,967 shares of the company’s stock after buying an additional 3,308 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab International Dividend Equity ETF were worth $409,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC bought a new position in shares of Schwab International Dividend Equity ETF in the second quarter valued at approximately $26,000. Carolina Wealth Advisors LLC purchased a new position in Schwab International Dividend Equity ETF in the second quarter worth $30,000. Farther Finance Advisors LLC bought a new position in Schwab International Dividend Equity ETF in the 2nd quarter valued at $32,000. Breakwater Investment Management grew its stake in Schwab International Dividend Equity ETF by 37.5% in the 2nd quarter. Breakwater Investment Management now owns 1,463 shares of the company’s stock valued at $40,000 after purchasing an additional 399 shares during the period. Finally, BXM Wealth LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the 2nd quarter valued at $202,000.

Schwab International Dividend Equity ETF Price Performance

NYSEARCA SCHY opened at $29.41 on Thursday. The business’s fifty day moving average is $28.37 and its 200-day moving average is $27.82. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a one year low of $22.81 and a one year high of $29.46.

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.