280,405 Shares in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Acquired by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 280,405 shares of the company’s stock, valued at approximately $6,609,000. Magnolia Capital Advisors LLC owned 0.87% of Schwab International Dividend Equity ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SCHY. Stifel Financial Corp lifted its position in Schwab International Dividend Equity ETF by 41.6% in the 4th quarter. Stifel Financial Corp now owns 201,020 shares of the company’s stock valued at $4,943,000 after acquiring an additional 59,103 shares in the last quarter. Per Stirling Capital Management LLC. lifted its holdings in shares of Schwab International Dividend Equity ETF by 10.2% in the fourth quarter. Per Stirling Capital Management LLC. now owns 25,444 shares of the company’s stock valued at $626,000 after purchasing an additional 2,357 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of Schwab International Dividend Equity ETF by 5.4% during the fourth quarter. Cresset Asset Management LLC now owns 1,677,467 shares of the company’s stock valued at $41,249,000 after buying an additional 86,036 shares during the last quarter. Scarborough Advisors LLC bought a new stake in Schwab International Dividend Equity ETF during the fourth quarter worth $41,000. Finally, Red Mountain Financial LLC bought a new stake in Schwab International Dividend Equity ETF during the fourth quarter worth $2,411,000.

Schwab International Dividend Equity ETF Trading Down 0.0 %

Shares of NYSEARCA:SCHY opened at $26.39 on Friday. The stock has a market cap of $855.04 million, a PE ratio of 12.22 and a beta of 0.68. The stock’s fifty day simple moving average is $25.48 and its two-hundred day simple moving average is $24.59. Schwab International Dividend Equity ETF has a 1-year low of $22.05 and a 1-year 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.