Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sets New 12-Month High – What’s Next?

Shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $53.20 and last traded at $53.14, with a volume of 247171 shares traded. The stock had previously closed at $52.07.

Schwab Fundamental International Equity ETF Stock Up 1.8%

The company’s fifty day moving average price is $50.16 and its two-hundred day moving average price is $47.68. The firm has a market cap of $23.81 billion, a PE ratio of 12.54 and a beta of 0.69.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 13.8% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock valued at $7,864,000 after purchasing an additional 22,178 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Schwab Fundamental International Equity ETF by 3.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 713,497 shares of the company’s stock worth $32,257,000 after buying an additional 26,369 shares in the last quarter. Arlington Financial Advisors LLC grew its position in Schwab Fundamental International Equity ETF by 2.2% during the fourth quarter. Arlington Financial Advisors LLC now owns 808,487 shares of the company’s stock worth $36,552,000 after buying an additional 17,236 shares during the period. Sovran Advisors LLC grew its position in Schwab Fundamental International Equity ETF by 859.8% during the fourth quarter. Sovran Advisors LLC now owns 96,277 shares of the company’s stock worth $4,540,000 after buying an additional 86,246 shares during the period. Finally, Savvy Advisors Inc. increased its holdings in Schwab Fundamental International Equity ETF by 114.1% in the fourth quarter. Savvy Advisors Inc. now owns 59,294 shares of the company’s stock valued at $2,681,000 after buying an additional 31,594 shares in the last quarter.

About Schwab Fundamental International Equity ETF

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.