Greg Jennings LLC Makes New Investment in Schwab International Dividend Equity ETF $SCHY

Greg Jennings LLC bought a new stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 170,901 shares of the company’s stock, valued at approximately $5,366,000. Schwab International Dividend Equity ETF makes up 3.6% of Greg Jennings LLC’s portfolio, making the stock its 10th largest holding.

Several other hedge funds have also recently made changes to their positions in the company. Hamel Associates Inc. lifted its position in shares of Schwab International Dividend Equity ETF by 16.1% during the 1st quarter. Hamel Associates Inc. now owns 820,968 shares of the company’s stock valued at $25,992,000 after buying an additional 113,809 shares during the last quarter. Summit Asset Management LLC grew its stake in shares of Schwab International Dividend Equity ETF by 0.7% during the 1st quarter. Summit Asset Management LLC now owns 608,034 shares of the company’s stock worth $19,250,000 after acquiring an additional 4,105 shares during the period. Bank of America Corp DE increased its holdings in Schwab International Dividend Equity ETF by 1.4% in the 1st quarter. Bank of America Corp DE now owns 416,216 shares of the company’s stock worth $13,177,000 after acquiring an additional 5,565 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in Schwab International Dividend Equity ETF by 35.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 429,113 shares of the company’s stock worth $12,755,000 after acquiring an additional 112,468 shares during the last quarter. Finally, Modern Wealth Management LLC increased its holdings in Schwab International Dividend Equity ETF by 3.6% in the 1st quarter. Modern Wealth Management LLC now owns 335,129 shares of the company’s stock worth $10,637,000 after acquiring an additional 11,496 shares during the last quarter.

Schwab International Dividend Equity ETF Stock Down 0.8%

Schwab International Dividend Equity ETF stock traded down $0.25 during midday trading on Monday, reaching $32.58. The stock had a trading volume of 485,169 shares, compared to its average volume of 629,271. Schwab International Dividend Equity ETF has a 12 month low of $28.00 and a 12 month high of $34.04. The firm’s 50-day moving average price is $32.64 and its 200 day moving average price is $32.46. The firm has a market capitalization of $2.65 billion, a PE ratio of 14.06 and a beta of 0.52.

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.