Spinnaker Investment Group LLC Trims Stake in Schwab International Equity ETF (NYSEARCA:SCHF)

Spinnaker Investment Group LLC cut its stake in Schwab International Equity ETF (NYSEARCA:SCHF) by 0.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,715 shares of the company’s stock after selling 358 shares during the period. Schwab International Equity ETF comprises approximately 0.4% of Spinnaker Investment Group LLC’s portfolio, making the stock its 24th largest position. Spinnaker Investment Group LLC’s holdings in Schwab International Equity ETF were worth $1,472,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC grew its position in Schwab International Equity ETF by 216.6% in the fourth quarter. Quent Capital LLC now owns 763 shares of the company’s stock worth $28,000 after acquiring an additional 522 shares in the last quarter. Financial Perspectives Inc bought a new stake in Schwab International Equity ETF in the fourth quarter worth $28,000. Assetmark Inc. lifted its stake in Schwab International Equity ETF by 1,873.8% in the fourth quarter. Assetmark Inc. now owns 829 shares of the company’s stock worth $31,000 after purchasing an additional 787 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Schwab International Equity ETF by 123.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 877 shares of the company’s stock worth $32,000 after purchasing an additional 485 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in Schwab International Equity ETF by 1,738.8% in the fourth quarter. First Horizon Advisors Inc. now owns 901 shares of the company’s stock worth $33,000 after purchasing an additional 852 shares during the last quarter.

Schwab International Equity ETF Stock Up 1.1 %

Shares of NYSEARCA:SCHF traded up $0.44 during midday trading on Thursday, hitting $39.00. 1,701,155 shares of the stock traded hands, compared to its average volume of 3,665,525. The stock has a market capitalization of $37.46 billion, a PE ratio of 14.99 and a beta of 0.87. The business’s 50 day moving average is $38.94 and its two-hundred day moving average is $37.96. Schwab International Equity ETF has a one year low of $32.29 and a one year high of $39.86.

Schwab International Equity ETF Company Profile

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.