Verus Wealth Management LLC Invests $1.12 Million in Schwab International Equity ETF (NYSEARCA:SCHF)

Verus Wealth Management LLC bought a new position in shares of Schwab International Equity ETF (NYSEARCA:SCHF) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 60,628 shares of the company’s stock, valued at approximately $1,122,000. Schwab International Equity ETF makes up approximately 1.3% of Verus Wealth Management LLC’s portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Empower Advisory Group LLC raised its position in shares of Schwab International Equity ETF by 3.4% during the 3rd quarter. Empower Advisory Group LLC now owns 82,725,592 shares of the company’s stock worth $3,401,676,000 after acquiring an additional 2,752,315 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Schwab International Equity ETF by 3.1% during the 3rd quarter. HighTower Advisors LLC now owns 10,156,561 shares of the company’s stock worth $417,639,000 after acquiring an additional 304,437 shares in the last quarter. Orgel Wealth Management LLC raised its position in shares of Schwab International Equity ETF by 117.0% during the 4th quarter. Orgel Wealth Management LLC now owns 8,371,941 shares of the company’s stock worth $154,881,000 after acquiring an additional 4,513,862 shares in the last quarter. US Bancorp DE grew its stake in Schwab International Equity ETF by 2,515.1% during the 3rd quarter. US Bancorp DE now owns 7,494,147 shares of the company’s stock worth $308,159,000 after buying an additional 7,207,571 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its stake in Schwab International Equity ETF by 108.5% during the 4th quarter. Miracle Mile Advisors LLC now owns 5,471,058 shares of the company’s stock worth $101,215,000 after buying an additional 2,847,239 shares during the last quarter.

Schwab International Equity ETF Stock Down 0.2 %

NYSEARCA:SCHF opened at $19.33 on Wednesday. The stock’s 50 day moving average price is $19.00 and its 200 day moving average price is $19.53. The company has a market capitalization of $18.57 billion, a PE ratio of 14.99 and a beta of 0.87. Schwab International Equity ETF has a 52-week low of $18.08 and a 52-week high of $20.82.

Schwab International Equity ETF 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.