Pinnacle Wealth Planning Services Inc. Purchases New Position in Schwab Fundamental International Equity ETF $FNDF

Pinnacle Wealth Planning Services Inc. acquired a new position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the second quarter, HoldingsChannel.com reports. The firm acquired 15,819 shares of the company’s stock, valued at approximately $633,000.

Several other institutional investors have also added to or reduced their stakes in FNDF. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 0.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 149,024,446 shares of the company’s stock worth $5,385,744,000 after purchasing an additional 994,500 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Schwab Fundamental International Equity ETF by 4.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 16,921,668 shares of the company’s stock valued at $685,328,000 after buying an additional 763,822 shares during the last quarter. Auto Owners Insurance Co increased its holdings in Schwab Fundamental International Equity ETF by 788.6% in the 2nd quarter. Auto Owners Insurance Co now owns 8,353,000 shares of the company’s stock worth $333,828,000 after buying an additional 7,413,025 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Schwab Fundamental International Equity ETF by 6.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,898,467 shares of the company’s stock worth $177,031,000 after buying an additional 307,276 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Schwab Fundamental International Equity ETF by 57.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,107,947 shares of the company’s stock worth $84,360,000 after buying an additional 764,948 shares during the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

FNDF opened at $43.75 on Wednesday. The company’s 50-day simple moving average is $43.58 and its two-hundred day simple moving average is $41.38. The stock has a market capitalization of $18.13 billion, a P/E ratio of 12.54 and a beta of 0.79. Schwab Fundamental International Equity ETF has a 52-week low of $31.92 and a 52-week high of $45.26.

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.