Schwab International Dividend Equity ETF $SCHY Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 16.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 117,108 shares of the company’s stock after buying an additional 16,910 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.19% of Schwab International Dividend Equity ETF worth $3,492,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SCHY. Jane Street Group LLC grew its position in Schwab International Dividend Equity ETF by 136.5% in the second quarter. Jane Street Group LLC now owns 293,318 shares of the company’s stock worth $8,022,000 after buying an additional 169,291 shares during the last quarter. Modern Wealth Management LLC boosted its stake in Schwab International Dividend Equity ETF by 61.1% in the 3rd quarter. Modern Wealth Management LLC now owns 233,842 shares of the company’s stock worth $6,534,000 after purchasing an additional 88,656 shares during the period. Bank of America Corp DE boosted its stake in Schwab International Dividend Equity ETF by 38.2% in the 2nd quarter. Bank of America Corp DE now owns 313,387 shares of the company’s stock worth $8,571,000 after purchasing an additional 86,606 shares during the period. Farrow Financial Inc. acquired a new position in Schwab International Dividend Equity ETF in the 4th quarter worth approximately $2,410,000. Finally, Royal Bank of Canada boosted its stake in Schwab International Dividend Equity ETF by 913.5% in the 1st quarter. Royal Bank of Canada now owns 88,377 shares of the company’s stock worth $2,243,000 after purchasing an additional 79,657 shares during the period.

Schwab International Dividend Equity ETF Stock Performance

Schwab International Dividend Equity ETF stock opened at $32.18 on Friday. The company has a 50 day moving average price of $32.23 and a 200 day moving average price of $31.38. Schwab International Dividend Equity ETF has a 52 week low of $26.81 and a 52 week high of $34.04. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 14.06 and a beta of 0.53.

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.