Schwab International Equity ETF $SCHF Stock Sold by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. trimmed its stake in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,847 shares of the company’s stock after selling 27,012 shares during the quarter. Schwab International Equity ETF comprises 0.3% of Summit Financial Strategies Inc.’s holdings, making the stock its 29th biggest position. Summit Financial Strategies Inc.’s holdings in Schwab International Equity ETF were worth $3,924,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHF. Wealthfront Advisers LLC lifted its stake in shares of Schwab International Equity ETF by 4.4% in the 1st quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after acquiring an additional 4,858,558 shares during the period. Orgel Wealth Management LLC increased its stake in shares of Schwab International Equity ETF by 3.0% during the second quarter. Orgel Wealth Management LLC now owns 9,692,489 shares of the company’s stock valued at $268,482,000 after acquiring an additional 280,973 shares during the period. Bank of America Corp DE increased its stake in shares of Schwab International Equity ETF by 51.4% during the first quarter. Bank of America Corp DE now owns 7,478,304 shares of the company’s stock valued at $185,088,000 after acquiring an additional 2,538,166 shares during the period. Avantax Planning Partners Inc. increased its stake in shares of Schwab International Equity ETF by 1.7% during the first quarter. Avantax Planning Partners Inc. now owns 7,317,057 shares of the company’s stock valued at $181,097,000 after acquiring an additional 118,781 shares during the period. Finally, Gemmer Asset Management LLC increased its stake in shares of Schwab International Equity ETF by 1.0% during the second quarter. Gemmer Asset Management LLC now owns 6,157,146 shares of the company’s stock valued at $170,553,000 after acquiring an additional 59,530 shares during the period.

Schwab International Equity ETF Price Performance

Shares of NYSEARCA:SCHF opened at $26.89 on Thursday. Schwab International Equity ETF has a 12 month low of $22.96 and a 12 month high of $28.68. The stock has a market cap of $66.70 billion, a price-to-earnings ratio of 16.14 and a beta of 0.83. The stock’s 50 day moving average price is $27.96 and its 200 day moving average price is $27.33.

About Schwab International Equity ETF

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. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.