Orographic Financial Advisors LLC Invests $1.08 Million in Schwab International Dividend Equity ETF $SCHY

Orographic Financial Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 34,218 shares of the company’s stock, valued at approximately $1,083,000.

Several other large investors also recently modified their holdings of SCHY. Hamel Associates Inc. lifted its holdings in Schwab International Dividend Equity ETF by 16.1% in the first quarter. Hamel Associates Inc. now owns 820,968 shares of the company’s stock valued at $25,992,000 after buying an additional 113,809 shares during the period. Summit Asset Management LLC boosted its position in Schwab International Dividend Equity ETF by 0.7% during the first quarter. Summit Asset Management LLC now owns 608,034 shares of the company’s stock valued at $19,250,000 after acquiring an additional 4,105 shares during the last quarter. Jane Street Group LLC grew its holdings in Schwab International Dividend Equity ETF by 956.6% during the 4th quarter. Jane Street Group LLC now owns 600,000 shares of the company’s stock worth $17,892,000 after acquiring an additional 543,215 shares during the period. Osaic Holdings Inc. grew its holdings in Schwab International Dividend Equity ETF by 7.1% during the 4th quarter. Osaic Holdings Inc. now owns 584,471 shares of the company’s stock worth $17,429,000 after acquiring an additional 38,724 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Schwab International Dividend Equity ETF by 1.4% in the 1st quarter. Bank of America Corp DE now owns 416,216 shares of the company’s stock worth $13,177,000 after acquiring an additional 5,565 shares in the last quarter.

Schwab International Dividend Equity ETF Price Performance

Shares of NYSEARCA:SCHY opened at $33.52 on Friday. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 14.06 and a beta of 0.53. The business’s 50-day moving average is $32.24 and its 200-day moving average is $32.13. Schwab International Dividend Equity ETF has a 1 year low of $26.83 and a 1 year high of $34.04.

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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.