DAVENPORT & Co LLC Makes New $829,000 Investment in Schwab International Dividend Equity ETF $SCHY

DAVENPORT & Co LLC acquired a new stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 27,793 shares of the company’s stock, valued at approximately $829,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cresset Asset Management LLC raised its holdings in Schwab International Dividend Equity ETF by 1.6% during the 2nd quarter. Cresset Asset Management LLC now owns 3,224,309 shares of the company’s stock valued at $88,185,000 after buying an additional 51,032 shares during the period. Inspire Advisors LLC bought a new stake in Schwab International Dividend Equity ETF in the third quarter worth $710,000. Sequoia Financial Advisors LLC purchased a new position in Schwab International Dividend Equity ETF during the third quarter worth $5,139,000. Fiduciary Alliance LLC increased its position in Schwab International Dividend Equity ETF by 36.5% during the third quarter. Fiduciary Alliance LLC now owns 92,155 shares of the company’s stock valued at $2,575,000 after acquiring an additional 24,619 shares during the last quarter. Finally, Carolina Wealth Advisors LLC increased its position in Schwab International Dividend Equity ETF by 8,318.8% during the third quarter. Carolina Wealth Advisors LLC now owns 91,428 shares of the company’s stock valued at $2,554,000 after acquiring an additional 90,342 shares during the last quarter.

Schwab International Dividend Equity ETF Trading Up 0.9%

Shares of SCHY opened at $31.06 on Tuesday. The company’s fifty day simple moving average is $32.11 and its 200-day simple moving average is $30.06. The company has a market cap of $1.88 billion, a P/E ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a twelve month low of $22.97 and a twelve month high of $34.04.

About Schwab International Dividend Equity ETF

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.