WBH Advisory Inc. has increased its investment in the **Schwab International Equity ETF** (NYSEARCA:SCHF) by **3.7%** during the third quarter of 2023. According to data from Holdings Channel, the firm now holds **677,148 shares** of the ETF after acquiring an additional **24,021 shares** in the period. This investment represents approximately **1.2%** of WBH Advisory’s overall portfolio, making it the **25th largest holding** for the firm.
At the end of the most recent reporting period, WBH Advisory’s stake in the Schwab International Equity ETF was valued at **$15,764,000**. The ETF has garnered interest from other institutional investors as well. For instance, **Steigerwald Gordon & Koch Inc.** entered the market with a new position valued at around **$26,000** during the same quarter.
In the second quarter, **Pin Oak Investment Advisors Inc.** acquired shares valued at approximately **$27,000**. Additionally, **Moser Wealth Advisors LLC** significantly increased its holdings by **1,150%**, bringing its total to **1,350 shares** valued at **$30,000** after purchasing an extra **1,242 shares**. **Private Wealth Asset Management LLC** and **PFS Partners LLC** also added new positions in the ETF during the second and third quarters, respectively, each valued at about **$31,000**.
Market Performance of Schwab International Equity ETF
As of the latest market opening, shares of the Schwab International Equity ETF were trading at **$25.15**. The ETF’s performance is reflected in its **50-day moving average** of **$24.16** and a **200-day moving average** of **$23.39**. The ETF boasts a **market capitalization** of **$57.88 billion**, a **price-to-earnings ratio** of **16.14**, and a **beta** of **0.86**. Over the past year, the stock has experienced a **52-week low** of **$17.56** and a **52-week high** of **$25.20**.
About Schwab International Equity ETF
The **Schwab Strategic Trust** oversees the Schwab International Equity ETF, which is categorized as an open-end management investment company. The Trust’s diverse portfolio includes various ETFs such as the **Schwab U.S. REIT ETF**, **Schwab U.S. Broad Market ETF**, and **Schwab Emerging Markets Equity ETF**, among others.
Investors interested in the latest activities of hedge funds regarding the Schwab International Equity ETF can explore further insights on HoldingsChannel.com. The site offers updated information on **13F filings** and insider trades for the ETF, allowing stakeholders to remain informed about market dynamics.
In summary, WBH Advisory’s recent increase in its holdings of the Schwab International Equity ETF underscores a broader trend of institutional investment in this financial product, as firms seek to diversify their portfolios and capitalize on international equity opportunities.
