Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Reaches New 52-Week High – Time to Buy?

Schwab International Dividend Equity ETF (NYSEARCA:SCHY)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $27.98 and last traded at $27.08, with a volume of 294 shares traded. The stock had previously closed at $26.88.

Schwab International Dividend Equity ETF Price Performance

The company has a fifty day moving average of $26.86 and a 200-day moving average of $25.14. The firm has a market cap of $1.16 billion, a P/E ratio of 14.27 and a beta of 0.64.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

Several institutional investors have recently bought and sold shares of SCHY. Atria Wealth Solutions Inc. bought a new stake in Schwab International Dividend Equity ETF during the fourth quarter worth $202,000. Oppenheimer Asset Management Inc. grew its stake in Schwab International Dividend Equity ETF by 4.9% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 11,358 shares of the company’s stock valued at $263,000 after purchasing an additional 534 shares during the period. Hamel Associates Inc. grew its stake in Schwab International Dividend Equity ETF by 40.0% in the 4th quarter. Hamel Associates Inc. now owns 42,000 shares of the company’s stock valued at $971,000 after purchasing an additional 12,000 shares during the period. Smartleaf Asset Management LLC grew its stake in Schwab International Dividend Equity ETF by 632.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 13,288 shares of the company’s stock valued at $307,000 after purchasing an additional 11,474 shares during the period. Finally, Wolfstich Capital LLC bought a new position in Schwab International Dividend Equity ETF in the 4th quarter valued at $1,880,000.

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.