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

Shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.13 and last traded at $50.0110, with a volume of 165712 shares. The stock had previously closed at $49.32.

Schwab Fundamental International Equity ETF Trading Up 0.8%

The company has a 50-day moving average of $46.14 and a 200-day moving average of $43.95. The company has a market capitalization of $21.52 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FNDF. KLCM Advisors Inc. purchased a new stake in shares of Schwab Fundamental International Equity ETF during the fourth quarter valued at $350,000. Brio Consultants LLC lifted its position in Schwab Fundamental International Equity ETF by 51.7% during the 4th quarter. Brio Consultants LLC now owns 7,573 shares of the company’s stock worth $342,000 after acquiring an additional 2,580 shares during the period. Washington Trust Advisors Inc. grew its stake in Schwab Fundamental International Equity ETF by 1.8% during the 4th quarter. Washington Trust Advisors Inc. now owns 192,361 shares of the company’s stock valued at $8,697,000 after purchasing an additional 3,451 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Schwab Fundamental International Equity ETF by 36.3% in the fourth quarter. International Assets Investment Management LLC now owns 9,257 shares of the company’s stock valued at $419,000 after purchasing an additional 2,466 shares during the period. Finally, Diversify Wealth Management LLC lifted its holdings in shares of Schwab Fundamental International Equity ETF by 131.7% during the fourth quarter. Diversify Wealth Management LLC now owns 168,169 shares of the company’s stock worth $7,847,000 after purchasing an additional 95,573 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.