Assetmark Inc. Takes $2.90 Million Position in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Assetmark Inc. acquired a new position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 125,426 shares of the company’s stock, valued at approximately $2,900,000. Assetmark Inc. owned about 0.39% of Schwab International Dividend Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Synergy Investment Management LLC bought a new position in Schwab International Dividend Equity ETF during the 4th quarter worth approximately $107,000. Bruce G. Allen Investments LLC increased its position in shares of Schwab International Dividend Equity ETF by 77.0% during the fourth quarter. Bruce G. Allen Investments LLC now owns 8,585 shares of the company’s stock worth $198,000 after buying an additional 3,735 shares during the period. Atria Wealth Solutions Inc. bought a new position in Schwab International Dividend Equity ETF during the fourth quarter worth $202,000. Astoria Portfolio Advisors LLC. acquired a new position in Schwab International Dividend Equity ETF in the fourth quarter valued at $216,000. Finally, Bell Bank bought a new stake in Schwab International Dividend Equity ETF during the fourth quarter valued at $230,000.

Schwab International Dividend Equity ETF Price Performance

Shares of Schwab International Dividend Equity ETF stock opened at $25.38 on Monday. The firm has a market cap of $852.77 million, a price-to-earnings ratio of 14.31 and a beta of 0.65. The stock’s 50-day moving average is $23.92 and its 200 day moving average is $24.61. Schwab International Dividend Equity ETF has a one year low of $22.81 and a one year high of $26.54.

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.