Schwab International Equity ETF (NYSEARCA:SCHF) Short Interest Down 44.6% in July

by · The Markets Daily

Schwab International Equity ETF (NYSEARCA:SCHF – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 4,095,038 shares, a drop of 44.6% from the June 30th total of 7,388,516 shares. Based on an average daily volume of 7,730,034 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Schwab International Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in Schwab International Equity ETF by 94.7% during the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock valued at $930,592,000 after acquiring an additional 20,481,030 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Schwab International Equity ETF by 4.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock valued at $7,157,992,000 after acquiring an additional 12,246,283 shares in the last quarter. Morgan Stanley increased its stake in Schwab International Equity ETF by 79.4% during the fourth quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after purchasing an additional 8,376,473 shares during the period. Valpey Financial Services LLC increased its stake in Schwab International Equity ETF by 2,277.5% during the fourth quarter. Valpey Financial Services LLC now owns 5,317,481 shares of the company’s stock worth $127,832,000 after purchasing an additional 5,093,825 shares during the period. Finally, Wealthfront Advisers LLC lifted its position in shares of Schwab International Equity ETF by 4.4% during the first quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after purchasing an additional 4,858,558 shares in the last quarter.

Schwab International Equity ETF Stock Down 0.8%

NYSEARCA:SCHF traded down $0.22 during trading hours on Wednesday, reaching $26.76. 8,920,163 shares of the stock were exchanged, compared to its average volume of 10,542,347. The business has a 50-day moving average of $27.48 and a two-hundred day moving average of $26.41. Schwab International Equity ETF has a twelve month low of $21.57 and a twelve month high of $28.41. The company has a market capitalization of $64.90 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82.

About Schwab International Equity ETF

(Get Free Report)

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. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.

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