Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 31.1% during the third quarter, Holdings Channel reports. The firm owned 47,695 shares of the company’s stock after selling 21,506 shares during the period. HighTower Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $1,248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in shares of Schwab International Dividend Equity ETF in the 2nd quarter worth $43,000. Hara Capital LLC acquired a new position in shares of Schwab International Dividend Equity ETF in the 3rd quarter worth $114,000. Aptus Capital Advisors LLC grew its holdings in shares of Schwab International Dividend Equity ETF by 5.7% in the 2nd quarter. Aptus Capital Advisors LLC now owns 9,378 shares of the company’s stock worth $221,000 after acquiring an additional 505 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Schwab International Dividend Equity ETF in the 2nd quarter worth $235,000. Finally, Creative Planning acquired a new position in shares of Schwab International Dividend Equity ETF in the 3rd quarter worth $261,000.

Schwab International Dividend Equity ETF Stock Down 0.6 %

Shares of NYSEARCA SCHY opened at $23.73 on Tuesday. The stock has a market capitalization of $768.69 million, a price-to-earnings ratio of 12.22 and a beta of 0.68. The stock’s fifty day simple moving average is $24.62 and its 200 day simple moving average is $24.85. Schwab International Dividend Equity ETF has a 52-week low of $23.10 and a 52-week high of $26.54.

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.