Cornerstone Advisors Asset Management LLC Acquires 145,969 Shares of Schwab International Equity ETF (NYSEARCA:SCHF)

Cornerstone Advisors Asset Management LLC raised its stake in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 104.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 286,387 shares of the company’s stock after buying an additional 145,969 shares during the period. Schwab International Equity ETF comprises approximately 1.1% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in Schwab International Equity ETF were worth $5,298,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Beacon Capital Management LLC increased its stake in Schwab International Equity ETF by 101.4% in the 4th quarter. Beacon Capital Management LLC now owns 15,983 shares of the company’s stock valued at $296,000 after buying an additional 8,049 shares during the last quarter. Bush Investment Group LLC increased its holdings in Schwab International Equity ETF by 1.0% during the third quarter. Bush Investment Group LLC now owns 408,544 shares of the company’s stock worth $16,799,000 after buying an additional 4,170 shares during the last quarter. Tudor Financial Inc. purchased a new stake in Schwab International Equity ETF during the third quarter worth about $5,570,000. McIlrath & Eck LLC raised its position in Schwab International Equity ETF by 17.8% in the third quarter. McIlrath & Eck LLC now owns 654,026 shares of the company’s stock worth $26,894,000 after acquiring an additional 99,031 shares during the period. Finally, Merit Financial Group LLC boosted its stake in Schwab International Equity ETF by 106.6% in the fourth quarter. Merit Financial Group LLC now owns 13,767 shares of the company’s stock valued at $255,000 after acquiring an additional 7,102 shares during the last quarter.

Schwab International Equity ETF Stock Up 0.7 %

Schwab International Equity ETF stock opened at $20.10 on Wednesday. The firm has a 50 day moving average price of $19.02 and a 200-day moving average price of $19.53. Schwab International Equity ETF has a twelve month low of $18.12 and a twelve month high of $20.82. The company has a market capitalization of $19.31 billion, a P/E ratio of 14.99 and a beta of 0.87.

Schwab International Equity ETF 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.