Commonwealth Equity Services LLC Buys 460 Shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Commonwealth Equity Services LLC boosted its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 0.8% during the 4th quarter, HoldingsChannel reports. The fund owned 60,542 shares of the company’s stock after acquiring an additional 460 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Schwab International Dividend Equity ETF were worth $1,400,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Assetmark Inc. acquired a new stake in shares of Schwab International Dividend Equity ETF in the 4th quarter valued at about $2,900,000. Wolfstich Capital LLC bought a new position in shares of Schwab International Dividend Equity ETF during the fourth quarter worth about $1,880,000. Keystone Financial Group Inc. acquired a new stake in Schwab International Dividend Equity ETF in the 4th quarter valued at approximately $950,000. IRON Financial LLC lifted its stake in Schwab International Dividend Equity ETF by 22.0% in the 4th quarter. IRON Financial LLC now owns 211,717 shares of the company’s stock valued at $4,895,000 after acquiring an additional 38,196 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Schwab International Dividend Equity ETF during the 4th quarter worth approximately $796,000.

Schwab International Dividend Equity ETF Stock Up 0.1 %

NYSEARCA SCHY opened at $25.47 on Monday. The firm’s 50 day moving average is $24.60 and its 200-day moving average is $24.56. The company has a market capitalization of $919.47 million, a PE ratio of 15.01 and a beta of 0.64. Schwab International Dividend Equity ETF has a 12-month low of $22.81 and a 12-month high of $26.54.

Schwab International Dividend Equity ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be given a $0.1402 dividend. The ex-dividend date is Wednesday, March 26th.

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.