Northwestern Mutual Wealth Management Co. Sells 16,386,474 Shares of Schwab International Equity ETF $SCHF

Northwestern Mutual Wealth Management Co. reduced its position in Schwab International Equity ETF (NYSEARCA:SCHF) by 4.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,705,736 shares of the company’s stock after selling 16,386,474 shares during the period. Schwab International Equity ETF makes up 5.3% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 4th largest holding. Northwestern Mutual Wealth Management Co. owned about 14.98% of Schwab International Equity ETF worth $7,330,697,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHF. Pin Oak Investment Advisors Inc. bought a new stake in shares of Schwab International Equity ETF during the second quarter worth about $27,000. Moser Wealth Advisors LLC raised its stake in shares of Schwab International Equity ETF by 1,150.0% in the second quarter. Moser Wealth Advisors LLC now owns 1,350 shares of the company’s stock worth $30,000 after purchasing an additional 1,242 shares during the last quarter. Private Wealth Asset Management LLC bought a new position in shares of Schwab International Equity ETF in the second quarter valued at approximately $31,000. Brooklyn Investment Group purchased a new position in shares of Schwab International Equity ETF during the first quarter valued at approximately $32,000. Finally, Financial Perspectives Inc bought a new stake in Schwab International Equity ETF during the second quarter worth $32,000.

Schwab International Equity ETF Price Performance

Shares of SCHF stock opened at $23.90 on Friday. The firm has a 50-day moving average of $23.58 and a 200-day moving average of $22.65. Schwab International Equity ETF has a one year low of $17.56 and a one year high of $24.28. The company has a market cap of $52.93 billion, a P/E ratio of 16.14 and a beta of 0.86.

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.