MML Investors Services LLC Buys 3,543 Shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

MML Investors Services LLC raised its holdings in Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 5.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 68,015 shares of the company’s stock after buying an additional 3,543 shares during the quarter. MML Investors Services LLC’s holdings in Schwab International Dividend Equity ETF were worth $1,780,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHY. Magnolia Capital Advisors LLC acquired a new stake in Schwab International Dividend Equity ETF in the 2nd quarter valued at approximately $6,609,000. Susquehanna International Group LLP acquired a new stake in Schwab International Dividend Equity ETF in the 2nd quarter valued at approximately $5,353,000. IRON Financial LLC grew its holdings in Schwab International Dividend Equity ETF by 42.1% in the 3rd quarter. IRON Financial LLC now owns 173,521 shares of the company’s stock valued at $4,541,000 after buying an additional 51,425 shares during the last quarter. LongView Wealth Management grew its holdings in Schwab International Dividend Equity ETF by 25.9% in the 3rd quarter. LongView Wealth Management now owns 139,334 shares of the company’s stock valued at $3,646,000 after buying an additional 28,624 shares during the last quarter. Finally, Souders Financial Advisors grew its holdings in Schwab International Dividend Equity ETF by 3.9% in 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.

Schwab International Dividend Equity ETF Stock Down 0.5 %

SCHY opened at $23.64 on Wednesday. The firm has a market capitalization of $765.94 million, a P/E ratio of 12.22 and a beta of 0.68. The stock’s 50 day moving average price is $24.59 and its two-hundred day moving average price is $24.85. Schwab International Dividend Equity ETF has a 12-month low of $23.10 and a 12-month high of $26.54.

Schwab International Dividend Equity ETF Company 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.