Accredited Wealth Management LLC Buys Shares of 5,222 Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Accredited Wealth Management LLC purchased a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,222 shares of the company’s stock, valued at approximately $121,000.

Several other institutional investors and hedge funds have also made changes to their positions in SCHY. JPMorgan Chase & Co. grew its position in shares of Schwab International Dividend Equity ETF by 6.1% in the third quarter. JPMorgan Chase & Co. now owns 50,928 shares of the company’s stock valued at $1,333,000 after purchasing an additional 2,940 shares during the last quarter. Bruce G. Allen Investments LLC increased its position in Schwab International Dividend Equity ETF by 77.0% during the fourth quarter. Bruce G. Allen Investments LLC now owns 8,585 shares of the company’s stock worth $198,000 after buying an additional 3,735 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of Schwab International Dividend Equity ETF by 171.0% in the fourth quarter. Park Avenue Securities LLC now owns 31,342 shares of the company’s stock worth $725,000 after acquiring an additional 19,778 shares during the last quarter. LongView Wealth Management lifted its position in shares of Schwab International Dividend Equity ETF by 9.0% in the fourth quarter. LongView Wealth Management now owns 151,933 shares of the company’s stock valued at $3,513,000 after acquiring an additional 12,599 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. acquired a new stake in shares of Schwab International Dividend Equity ETF during the fourth quarter valued at $216,000.

Schwab International Dividend Equity ETF Trading Up 1.1 %

Shares of SCHY stock opened at $26.56 on Friday. The company has a market capitalization of $974.75 million, a price-to-earnings ratio of 13.92 and a beta of 0.59. The firm has a 50-day moving average price of $25.21 and a 200 day moving average price of $24.45. Schwab International Dividend Equity ETF has a twelve month low of $22.81 and a twelve month high of $26.66.

Schwab International Dividend Equity ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.1402 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab International Dividend Equity ETF Company 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.