Schwab Fundamental International Equity ETF $FNDF Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. lowered its stake in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,900 shares of the company’s stock after selling 2,403 shares during the quarter. Cidel Asset Management Inc.’s holdings in Schwab Fundamental International Equity ETF were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. acquired a new stake in Schwab Fundamental International Equity ETF during the second quarter worth approximately $33,000. Salomon & Ludwin LLC grew its position in shares of Schwab Fundamental International Equity ETF by 47.6% during the second quarter. Salomon & Ludwin LLC now owns 843 shares of the company’s stock worth $34,000 after acquiring an additional 272 shares during the last quarter. ROSS JOHNSON & Associates LLC purchased a new position in shares of Schwab Fundamental International Equity ETF during the first quarter worth approximately $44,000. Operose Advisors LLC purchased a new position in shares of Schwab Fundamental International Equity ETF during the first quarter worth approximately $48,000. Finally, Hoey Investments Inc. grew its position in shares of Schwab Fundamental International Equity ETF by 985.0% during the second quarter. Hoey Investments Inc. now owns 1,302 shares of the company’s stock worth $52,000 after acquiring an additional 1,182 shares during the last quarter.

Schwab Fundamental International Equity ETF Trading Up 0.4%

Shares of FNDF opened at $43.70 on Friday. The firm has a market cap of $18.11 billion, a PE ratio of 12.54 and a beta of 0.86. The company’s 50 day simple moving average is $42.66 and its 200-day simple moving average is $39.96. Schwab Fundamental International Equity ETF has a 12-month low of $31.92 and a 12-month high of $43.90.

Schwab Fundamental International Equity ETF Profile

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.