Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Hits New 1-Year High – Here’s What Happened

Shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) reached a new 52-week high during trading on Monday . The stock traded as high as $43.98 and last traded at $43.90, with a volume of 243 shares changing hands. The stock had previously closed at $43.70.

Schwab Fundamental International Equity ETF Stock Performance

The company has a market capitalization of $18.07 billion, a PE ratio of 12.54 and a beta of 0.86. The company’s 50-day simple moving average is $42.75 and its 200-day simple moving average is $40.09.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in Schwab Fundamental International Equity ETF by 20.6% during the 4th quarter. Brighton Jones LLC now owns 11,667 shares of the company’s stock valued at $387,000 after acquiring an additional 1,989 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of Schwab Fundamental International Equity ETF in the 4th quarter valued at approximately $419,000. Blue Trust Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 630.4% in the first quarter. Blue Trust Inc. now owns 2,235 shares of the company’s stock valued at $81,000 after purchasing an additional 1,929 shares during the period. Continuum Advisory LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 139.6% in the first quarter. Continuum Advisory LLC now owns 4,444 shares of the company’s stock valued at $161,000 after purchasing an additional 2,589 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Schwab Fundamental International Equity ETF by 8.1% during the first quarter. Oppenheimer & Co. Inc. now owns 133,260 shares of the company’s stock worth $4,816,000 after purchasing an additional 9,998 shares during the last quarter.

Schwab Fundamental International Equity ETF Company 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.