Summit Asset Management LLC Acquires 3,218 Shares of Schwab International Dividend Equity ETF $SCHY

Summit Asset Management LLC increased its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 660,984 shares of the company’s stock after purchasing an additional 3,218 shares during the quarter. Schwab International Dividend Equity ETF makes up approximately 2.9% of Summit Asset Management LLC’s investment portfolio, making the stock its 11th biggest position. Summit Asset Management LLC owned approximately 1.52% of Schwab International Dividend Equity ETF worth $18,078,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. OMC Financial Services LTD bought a new position in shares of Schwab International Dividend Equity ETF during the 2nd quarter valued at approximately $2,555,000. Carolina Wealth Advisors LLC bought a new stake in Schwab International Dividend Equity ETF during the 2nd quarter worth approximately $30,000. Charles Schwab Trust Co lifted its holdings in Schwab International Dividend Equity ETF by 31.1% during the second quarter. Charles Schwab Trust Co now owns 289,111 shares of the company’s stock valued at $7,907,000 after purchasing an additional 68,605 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in Schwab International Dividend Equity ETF during the second quarter valued at approximately $32,000. Finally, Noble Family Wealth LLC boosted its position in shares of Schwab International Dividend Equity ETF by 1.9% in the second quarter. Noble Family Wealth LLC now owns 79,540 shares of the company’s stock worth $2,175,000 after purchasing an additional 1,476 shares during the period.

Schwab International Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHY opened at $28.64 on Friday. The stock has a market cap of $1.45 billion, a PE ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a 1 year low of $22.81 and a 1 year high of $28.69. The firm has a fifty day moving average price of $28.17 and a 200-day moving average price of $27.58.

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.