Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Unusually-High Trading Volume

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) shares saw unusually-high trading volume on Monday . Approximately 128,747 shares traded hands during mid-day trading, a decline of 1% from the previous session’s volume of 129,690 shares.The stock last traded at $23.81 and had previously closed at $23.57.

Schwab International Dividend Equity ETF Stock Down 0.1 %

The company has a market cap of $766.58 million, a P/E ratio of 12.22 and a beta of 0.68. The company has a 50 day moving average price of $24.17 and a 200-day moving average price of $24.20.

Hedge Funds Weigh In On Schwab International Dividend Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. OLD Mission Capital LLC lifted its stake in Schwab International Dividend Equity ETF by 302.3% in the 1st quarter. OLD Mission Capital LLC now owns 306,368 shares of the company’s stock worth $7,432,000 after acquiring an additional 230,222 shares in the last quarter. Red Mountain Financial LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter worth about $2,411,000. IRON Financial LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter worth about $2,399,000. Cresset Asset Management LLC raised its stake in shares of Schwab International Dividend Equity ETF by 5.4% during the 4th quarter. Cresset Asset Management LLC now owns 1,677,467 shares of the company’s stock worth $41,249,000 after purchasing an additional 86,036 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. purchased a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter worth about $2,071,000.

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.