Royal Bank of Canada Decreases Stock Position in Schwab Fundamental International Small Equity ETF $FNDC

Royal Bank of Canada cut its position in Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) by 78.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,589 shares of the company’s stock after selling 35,186 shares during the period. Royal Bank of Canada’s holdings in Schwab Fundamental International Small Equity ETF were worth $445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Litman Gregory Wealth Management LLC purchased a new position in Schwab Fundamental International Small Equity ETF in the 4th quarter valued at $33,000. Ares Financial Consulting LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the fourth quarter valued at about $35,000. Palisade Asset Management LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the third quarter valued at about $43,000. US Bancorp DE raised its position in shares of Schwab Fundamental International Small Equity ETF by 1,623.3% in the third quarter. US Bancorp DE now owns 1,034 shares of the company’s stock valued at $46,000 after buying an additional 974 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Schwab Fundamental International Small Equity ETF by 75.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,196 shares of the company’s stock worth $53,000 after buying an additional 514 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Trading Up 1.0%

FNDC opened at $51.50 on Wednesday. The firm has a market capitalization of $3.19 billion, a PE ratio of 13.87 and a beta of 0.75. Schwab Fundamental International Small Equity ETF has a twelve month low of $42.95 and a twelve month high of $51.56. The firm’s 50-day moving average price is $49.48 and its 200 day moving average price is $48.98.

Schwab Fundamental International Small Equity ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.