Envestnet Asset Management Inc. Acquires 10,951 Shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Envestnet Asset Management Inc. raised its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 3.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 312,060 shares of the company’s stock after acquiring an additional 10,951 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab International Dividend Equity ETF were worth $7,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Scarborough Advisors LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at $41,000. International Assets Investment Management LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 2nd quarter valued at $43,000. Concord Wealth Partners purchased a new position in shares of Schwab International Dividend Equity ETF during the 1st quarter valued at $55,000. Park Avenue Securities LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 1st quarter valued at $227,000. Finally, Aptus Capital Advisors LLC lifted its position in shares of Schwab International Dividend Equity ETF by 5.7% during the 2nd quarter. Aptus Capital Advisors LLC now owns 9,378 shares of the company’s stock valued at $221,000 after buying an additional 505 shares during the last quarter.

Schwab International Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHY opened at $26.39 on Friday. Schwab International Dividend Equity ETF has a one year low of $22.05 and a one year high of $26.54. The business’s fifty day moving average price is $25.48 and its 200-day moving average price is $24.59. The stock has a market capitalization of $855.04 million, a PE ratio of 12.22 and a beta of 0.68.

Schwab International Dividend Equity ETF Profile

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.