ProVise Management Group LLC Lowers Holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

ProVise Management Group LLC trimmed its stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 53.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,043 shares of the company’s stock after selling 63,502 shares during the quarter. ProVise Management Group LLC owned 0.17% of Schwab International Dividend Equity ETF worth $1,321,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Cresset Asset Management LLC boosted its stake in Schwab International Dividend Equity ETF by 5.4% in the 4th quarter. Cresset Asset Management LLC now owns 1,677,467 shares of the company’s stock worth $41,249,000 after purchasing an additional 86,036 shares in the last quarter. Souders Financial Advisors lifted its stake in shares of Schwab International Dividend Equity ETF by 7.2% in the first quarter. Souders Financial Advisors now owns 520,931 shares of the company’s stock worth $12,638,000 after buying an additional 34,981 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake 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 worth $7,355,000 after buying an additional 10,951 shares in the last quarter. OLD Mission Capital LLC grew its holdings in shares of Schwab International Dividend Equity ETF by 302.3% during the first quarter. OLD Mission Capital LLC now owns 306,368 shares of the company’s stock valued at $7,432,000 after buying an additional 230,222 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of Schwab International Dividend Equity ETF by 41.6% during the fourth quarter. Stifel Financial Corp now owns 201,020 shares of the company’s stock valued at $4,943,000 after acquiring an additional 59,103 shares in the last quarter.

Schwab International Dividend Equity ETF Stock Up 0.8 %

Shares of NYSEARCA SCHY opened at $26.29 on Friday. The company has a 50 day moving average of $25.23 and a 200 day moving average of $24.50. Schwab International Dividend Equity ETF has a twelve month low of $22.05 and a twelve month high of $26.34. The firm has a market cap of $851.80 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.