Robertson Stephens Wealth Management LLC Purchases 18,982 Shares of Schwab International Dividend Equity ETF $SCHY

Robertson Stephens Wealth Management LLC lifted its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 10.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,597 shares of the company’s stock after acquiring an additional 18,982 shares during the quarter. Robertson Stephens Wealth Management LLC owned 0.32% of Schwab International Dividend Equity ETF worth $5,743,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHY. Sequoia Financial Advisors LLC bought a new stake in shares of Schwab International Dividend Equity ETF in the third quarter valued at about $5,139,000. Jane Street Group LLC grew its stake in Schwab International Dividend Equity ETF by 136.5% in the second quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock valued at $8,022,000 after purchasing an additional 169,291 shares during the last quarter. Modern Wealth Management LLC grew its stake in Schwab International Dividend Equity ETF by 61.1% in the third quarter. Modern Wealth Management LLC now owns 233,842 shares of the company’s stock valued at $6,534,000 after purchasing an additional 88,656 shares during the last quarter. Bank of America Corp DE grew its stake in Schwab International Dividend Equity ETF by 38.2% in the second quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock valued at $8,571,000 after purchasing an additional 86,606 shares during the last quarter. Finally, Farrow Financial Inc. purchased a new position in Schwab International Dividend Equity ETF in the fourth quarter valued at about $2,410,000.

Schwab International Dividend Equity ETF Price Performance

SCHY opened at $32.40 on Friday. The business’s 50-day moving average is $32.21 and its two-hundred day moving average is $30.72. Schwab International Dividend Equity ETF has a 1 year low of $26.11 and a 1 year high of $34.04. The firm has a market capitalization of $2.25 billion, a PE ratio of 14.06 and a beta of 0.54.

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.