Park Avenue Securities LLC Boosts Holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Park Avenue Securities LLC raised its position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 171.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,342 shares of the company’s stock after buying an additional 19,778 shares during the quarter. Park Avenue Securities LLC owned about 0.10% of Schwab International Dividend Equity ETF worth $725,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in shares of Schwab International Dividend Equity ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 312,060 shares of the company’s stock valued at $7,355,000 after acquiring an additional 10,951 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Schwab International Dividend Equity ETF in the second quarter worth about $5,353,000. Magnolia Capital Advisors LLC purchased a new position in Schwab International Dividend Equity ETF in the 2nd quarter worth approximately $6,609,000. Souders Financial Advisors raised its holdings in Schwab International Dividend Equity ETF by 3.9% during the 2nd quarter. Souders Financial Advisors now owns 541,417 shares of the company’s stock valued at $12,761,000 after buying an additional 20,486 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab International Dividend Equity ETF during the second quarter valued at about $328,000.

Schwab International Dividend Equity ETF Stock Down 1.3 %

NYSEARCA:SCHY opened at $23.44 on Thursday. Schwab International Dividend Equity ETF has a twelve month low of $22.81 and a twelve month high of $26.54. The firm’s fifty day simple moving average is $23.68 and its 200 day simple moving average is $24.69. The stock has a market cap of $759.46 million, a P/E ratio of 12.22 and a beta of 0.68.

About Schwab International Dividend Equity ETF

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.