Merit Financial Group LLC Grows Holdings in Schwab International Equity ETF (NYSEARCA:SCHF)

Merit Financial Group LLC lifted its stake in shares of Schwab International Equity ETF (NYSEARCA:SCHF) by 106.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 13,767 shares of the company’s stock after acquiring an additional 7,102 shares during the period. Merit Financial Group LLC’s holdings in Schwab International Equity ETF were worth $255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHF. Brand Asset Management Group Inc. boosted its holdings in shares of Schwab International Equity ETF by 105.4% in the 4th quarter. Brand Asset Management Group Inc. now owns 546,282 shares of the company’s stock worth $10,106,000 after purchasing an additional 280,328 shares in the last quarter. Wealthcare Capital Management LLC boosted its stake in Schwab International Equity ETF by 100.0% in the fourth quarter. Wealthcare Capital Management LLC now owns 19,286 shares of the company’s stock worth $357,000 after buying an additional 9,643 shares in the last quarter. Procyon Advisors LLC grew its position in Schwab International Equity ETF by 98.0% during the fourth quarter. Procyon Advisors LLC now owns 53,052 shares of the company’s stock valued at $981,000 after acquiring an additional 26,252 shares during the last quarter. Goldstone Financial Group LLC purchased a new position in shares of Schwab International Equity ETF during the fourth quarter worth approximately $244,000. Finally, KMG Fiduciary Partners LLC lifted its holdings in shares of Schwab International Equity ETF by 94.6% in the 4th quarter. KMG Fiduciary Partners LLC now owns 74,837 shares of the company’s stock worth $1,384,000 after acquiring an additional 36,376 shares during the last quarter.

Schwab International Equity ETF Stock Performance

Shares of Schwab International Equity ETF stock opened at $19.35 on Friday. The company has a fifty day moving average of $18.99 and a 200-day moving average of $19.54. The stock has a market capitalization of $18.59 billion, a price-to-earnings ratio of 14.99 and a beta of 0.87. Schwab International Equity ETF has a 52-week low of $18.08 and a 52-week high of $20.82.

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.