Envestnet Portfolio Solutions Inc. Acquires 27,877 Shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Envestnet Portfolio Solutions Inc. lifted its stake in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 69.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 68,218 shares of the company’s stock after acquiring an additional 27,877 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.21% of Schwab International Dividend Equity ETF worth $1,577,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Cahill Financial Advisors Inc. boosted its stake in shares of Schwab International Dividend Equity ETF by 8.7% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 56,833 shares of the company’s stock worth $1,487,000 after buying an additional 4,528 shares during the last quarter. Acorn Wealth Advisors LLC grew its position in Schwab International Dividend Equity ETF by 7.9% in the third quarter. Acorn Wealth Advisors LLC now owns 33,923 shares of the company’s stock worth $888,000 after acquiring an additional 2,486 shares in the last quarter. Tradition Wealth Management LLC raised its stake in shares of Schwab International Dividend Equity ETF by 12.2% in the third quarter. Tradition Wealth Management LLC now owns 11,681 shares of the company’s stock valued at $306,000 after acquiring an additional 1,271 shares during the period. MML Investors Services LLC raised its holdings in shares of Schwab International Dividend Equity ETF by 5.5% in the third quarter. MML Investors Services LLC now owns 68,015 shares of the company’s stock worth $1,780,000 after buying an additional 3,543 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Schwab International Dividend Equity ETF in the 3rd quarter valued at about $484,000.

Schwab International Dividend Equity ETF Trading Down 0.3 %

Shares of NYSEARCA:SCHY opened at $25.51 on Friday. The company has a market capitalization of $857.14 million, a PE ratio of 14.88 and a beta of 0.64. The business’s fifty day simple moving average is $24.38 and its 200-day simple moving average is $24.59. Schwab International Dividend Equity ETF has a 12-month low of $22.81 and a 12-month 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.