Schwab International Equity ETF (NYSEARCA:SCHF) Shares to Split on Friday, October 11th

Schwab International Equity ETF (NYSEARCA:SCHF)’s stock is set to split on the morning of Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly created shares will be distributed to shareholders after the market closes on Thursday, October 10th.

Schwab International Equity ETF Price Performance

Shares of NYSEARCA:SCHF traded down $0.39 during trading on Thursday, reaching $40.42. 2,032,201 shares of the company’s stock traded hands, compared to its average volume of 3,465,247. The stock has a market capitalization of $38.82 billion, a P/E ratio of 14.99 and a beta of 0.87. Schwab International Equity ETF has a 12 month low of $32.29 and a 12 month high of $41.63. The company has a 50 day moving average of $39.71 and a 200-day moving average of $39.14.

Hedge Funds Weigh In On Schwab International Equity ETF

Several institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its position in Schwab International Equity ETF by 4.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 146,613,391 shares of the company’s stock worth $5,632,884,000 after buying an additional 5,869,528 shares during the period. Strategic Financial Concepts LLC lifted its position in Schwab International Equity ETF by 4,286.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,473,628 shares of the company’s stock valued at $95,000 after purchasing an additional 2,417,239 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab International Equity ETF by 2.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 76,321,924 shares of the company’s stock valued at $2,978,081,000 after purchasing an additional 1,936,418 shares during the period. OLD Mission Capital LLC bought a new position in Schwab International Equity ETF in the 1st quarter worth about $54,748,000. Finally, Bank of New York Mellon Corp grew its position in Schwab International Equity ETF by 1,366.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,221,946 shares of the company’s stock worth $46,947,000 after purchasing an additional 1,138,595 shares during the last quarter.

Schwab International Equity ETF Company Profile

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S.