Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Shares Acquired by First Merchants Corp

First Merchants Corp grew its position in shares of Schwab International Dividend Equity ETF (NYSEARCA:SCHY) by 4.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,786 shares of the company’s stock after purchasing an additional 6,883 shares during the quarter. First Merchants Corp owned approximately 0.54% of Schwab International Dividend Equity ETF worth $4,064,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC increased its stake in shares of Schwab International Dividend Equity ETF by 7.7% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 35,438 shares of the company’s stock valued at $819,000 after purchasing an additional 2,522 shares in the last quarter. Beacon Financial Group increased its position in shares of Schwab International Dividend Equity ETF by 23.5% in the fourth quarter. Beacon Financial Group now owns 50,625 shares of the company’s stock valued at $1,170,000 after buying an additional 9,648 shares in the last quarter. Keystone Financial Group Inc. acquired a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter worth approximately $950,000. Robertson Stephens Wealth Management LLC lifted its position in shares of Schwab International Dividend Equity ETF by 17.4% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 133,475 shares of the company’s stock valued at $3,086,000 after buying an additional 19,778 shares in the last quarter. Finally, JB Capital LLC purchased a new position in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at approximately $412,000.

Schwab International Dividend Equity ETF Stock Performance

Shares of NYSEARCA SCHY opened at $24.45 on Friday. The firm has a fifty day moving average of $23.62 and a 200 day moving average of $24.64. The firm has a market cap of $792.18 million, a PE ratio of 12.22 and a beta of 0.68. Schwab International Dividend Equity ETF has a one year low of $22.81 and a one year 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.