Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Sees Strong Trading Volume – Here’s What Happened

Shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw an uptick in trading volume on Thursday . 318,232 shares traded hands during mid-day trading, an increase of 146% from the previous session’s volume of 129,444 shares.The stock last traded at $24.90 and had previously closed at $24.93.

Schwab International Dividend Equity ETF Trading Up 0.3 %

The company has a market capitalization of $810 million, a price-to-earnings ratio of 12.22 and a beta of 0.68. The stock’s 50 day moving average price is $25.80 and its 200 day moving average price is $24.76.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its position in Schwab International Dividend Equity ETF by 4.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 37,166 shares of the company’s stock valued at $876,000 after purchasing an additional 1,720 shares during the period. LongView Wealth Management lifted its position in shares of Schwab International Dividend Equity ETF by 25.9% during the third quarter. LongView Wealth Management now owns 139,334 shares of the company’s stock worth $3,646,000 after acquiring an additional 28,624 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Schwab International Dividend Equity ETF by 10.2% in the third quarter. Park Avenue Securities LLC now owns 11,564 shares of the company’s stock valued at $303,000 after purchasing an additional 1,075 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Schwab International Dividend Equity ETF by 8.6% in the second quarter. Commonwealth Equity Services LLC now owns 80,191 shares of the company’s stock valued at $1,890,000 after purchasing an additional 6,348 shares in the last quarter. Finally, West Oak Capital LLC lifted its holdings in Schwab International Dividend Equity ETF by 2.9% during the 1st quarter. West Oak Capital LLC now owns 64,218 shares of the company’s stock worth $1,558,000 after purchasing an additional 1,820 shares in the last quarter.

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.