Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) Sees Large Volume Increase – Here’s What Happened

Schwab Fundamental International Large Company Index ETF (NYSEARCA:FNDF) saw unusually-strong trading volume on Wednesday . Approximately 3,250,855 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 1,534,588 shares.The stock last traded at $34.20 and had previously closed at $34.24.

Schwab Fundamental International Large Company Index ETF Stock Performance

The business has a 50-day moving average of $34.14 and a 200-day moving average of $35.39. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 11.12 and a beta of 0.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FNDF. Red Mountain Financial LLC boosted its holdings in Schwab Fundamental International Large Company Index ETF by 5.3% in the 3rd quarter. Red Mountain Financial LLC now owns 6,154 shares of the company’s stock valued at $230,000 after purchasing an additional 312 shares in the last quarter. Sugarloaf Wealth Management LLC grew its holdings in Schwab Fundamental International Large Company Index ETF by 3.0% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 10,856 shares of the company’s stock worth $361,000 after acquiring an additional 316 shares during the period. Mason Investment Advisory Services Inc. raised its position in Schwab Fundamental International Large Company Index ETF by 0.8% in the third quarter. Mason Investment Advisory Services Inc. now owns 42,585 shares of the company’s stock worth $1,591,000 after acquiring an additional 319 shares in the last quarter. Clarity Capital Advisors LLC raised its position in Schwab Fundamental International Large Company Index ETF by 3.0% in the fourth quarter. Clarity Capital Advisors LLC now owns 14,639 shares of the company’s stock worth $486,000 after acquiring an additional 426 shares in the last quarter. Finally, Tempus Wealth Planning LLC lifted its holdings in Schwab Fundamental International Large Company Index ETF by 1.1% in the third quarter. Tempus Wealth Planning LLC now owns 42,376 shares of the company’s stock valued at $1,584,000 after acquiring an additional 468 shares during the period.

Schwab Fundamental International Large Company Index 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.