Sequoia Financial Advisors LLC Decreases Holdings in Schwab International Dividend Equity ETF $SCHY

Sequoia Financial Advisors LLC decreased its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 25.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 86,679 shares of the company’s stock after selling 29,079 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $2,750,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab International Dividend Equity ETF by 16.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 117,108 shares of the company’s stock worth $3,492,000 after purchasing an additional 16,910 shares during the period. Hamel Associates Inc. lifted its stake in Schwab International Dividend Equity ETF by 12.1% in the fourth quarter. Hamel Associates Inc. now owns 707,159 shares of the company’s stock valued at $21,087,000 after purchasing an additional 76,611 shares during the last quarter. Fiduciary Alliance LLC grew its holdings in Schwab International Dividend Equity ETF by 12.3% during the first quarter. Fiduciary Alliance LLC now owns 167,891 shares of the company’s stock valued at $5,492,000 after purchasing an additional 18,382 shares during the period. Independent Financial Group LLC bought a new position in Schwab International Dividend Equity ETF during the first quarter valued at $1,724,000. Finally, World Investment Advisors purchased a new stake in Schwab International Dividend Equity ETF in the fourth quarter worth $1,286,000.

Schwab International Dividend Equity ETF Price Performance

NYSEARCA:SCHY opened at $32.66 on Monday. The company has a market capitalization of $2.47 billion, a P/E ratio of 14.06 and a beta of 0.53. The business has a fifty day simple moving average of $32.95 and a two-hundred day simple moving average of $32.44. Schwab International Dividend Equity ETF has a 1 year low of $27.45 and a 1 year high of $34.04.

Schwab International Dividend Equity ETF 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. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.