Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Reaches New 12-Month High – Here’s Why

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $43.91 and last traded at $43.81, with a volume of 900554 shares traded. The stock had previously closed at $43.73.

Schwab Fundamental International Equity ETF Stock Up 0.2%

The company has a market cap of $18.15 billion, a P/E ratio of 12.54 and a beta of 0.86. The business has a fifty day moving average price of $42.18 and a 200-day moving average price of $39.57.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several large investors have recently modified their holdings of FNDF. Salomon & Ludwin LLC grew its stake 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 valued at $34,000 after buying an additional 272 shares during the last quarter. Spire Wealth Management increased its stake in Schwab Fundamental International Equity ETF by 31.7% in the 2nd quarter. Spire Wealth Management now owns 1,134 shares of the company’s stock worth $45,000 after purchasing an additional 273 shares during the period. Consolidated Planning Corp increased its stake in Schwab Fundamental International Equity ETF by 1.2% in the 1st quarter. Consolidated Planning Corp now owns 23,617 shares of the company’s stock worth $854,000 after purchasing an additional 277 shares during the period. James Investment Research Inc. lifted its position in Schwab Fundamental International Equity ETF by 2.0% in the first quarter. James Investment Research Inc. now owns 14,188 shares of the company’s stock valued at $513,000 after purchasing an additional 281 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of Schwab Fundamental International Equity ETF by 3.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 8,121 shares of the company’s stock valued at $294,000 after purchasing an additional 284 shares during the period.

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.