Acorn Wealth Advisors LLC Reduces Stake in Schwab International Dividend Equity ETF (NYSEARCA:SCHY)

Acorn Wealth Advisors LLC reduced its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 40.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,092 shares of the company’s stock after selling 13,831 shares during the period. Acorn Wealth Advisors LLC’s holdings in Schwab International Dividend Equity ETF were worth $465,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Hara Capital LLC bought a new position in Schwab International Dividend Equity ETF during the third quarter valued at approximately $114,000. Bruce G. Allen Investments LLC boosted its stake in shares of Schwab International Dividend Equity ETF by 77.0% during the 4th quarter. Bruce G. Allen Investments LLC now owns 8,585 shares of the company’s stock valued at $198,000 after purchasing an additional 3,735 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter worth approximately $202,000. Astoria Portfolio Advisors LLC. purchased a new stake in Schwab International Dividend Equity ETF in the fourth quarter worth $216,000. Finally, Bell Bank bought a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter worth about $230,000.

Schwab International Dividend Equity ETF Trading Up 0.5 %

Shares of NYSEARCA:SCHY opened at $24.43 on Tuesday. The stock has a fifty day simple moving average of $23.64 and a two-hundred day simple moving average of $24.63. The stock has a market capitalization of $820.85 million, a price-to-earnings ratio of 14.31 and a beta of 0.65. Schwab International Dividend Equity ETF has a 12-month low of $22.81 and a 12-month high of $26.54.

Schwab International Dividend Equity ETF Profile

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.