Summit Financial Strategies Inc. Has $4.93 Million Stock Holdings in Schwab International Equity ETF $SCHF

Summit Financial Strategies Inc. decreased its stake in Schwab International Equity ETF (NYSEARCA:SCHF) by 11.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 199,171 shares of the company’s stock after selling 25,507 shares during the quarter. Schwab International Equity ETF makes up about 0.4% of Summit Financial Strategies Inc.’s holdings, making the stock its 25th biggest position. Summit Financial Strategies Inc.’s holdings in Schwab International Equity ETF were worth $4,929,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Schwab International Equity ETF in the fourth quarter worth $25,000. CNB Bank acquired a new stake in Schwab International Equity ETF during the fourth quarter valued at $27,000. Costello Asset Management INC boosted its position in Schwab International Equity ETF by 281.7% during the first quarter. Costello Asset Management INC now owns 1,084 shares of the company’s stock valued at $27,000 after purchasing an additional 800 shares during the last quarter. Optima Capital LLC purchased a new position in Schwab International Equity ETF in the fourth quarter valued at about $30,000. Finally, FLP Wealth Management LLC purchased a new position in Schwab International Equity ETF in the fourth quarter valued at about $31,000.

Schwab International Equity ETF Trading Up 0.4%

SCHF stock traded up $0.10 during mid-day trading on Friday, hitting $27.55. The stock had a trading volume of 7,113,469 shares, compared to its average volume of 10,826,480. Schwab International Equity ETF has a 1-year low of $21.57 and a 1-year high of $28.41. The company has a fifty day moving average of $27.44 and a 200 day moving average of $26.15. The stock has a market capitalization of $66.50 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82.

Schwab International Equity ETF Company Profile

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.