Cornerstone Wealth LLC TN Buys New Stake in Schwab Fundamental International Equity ETF $FNDF

Cornerstone Wealth LLC TN bought a new position in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 62,404 shares of the company’s stock, valued at approximately $3,178,000. Schwab Fundamental International Equity ETF comprises 1.8% of Cornerstone Wealth LLC TN’s holdings, making the stock its 16th biggest holding.

A number of other large investors have also modified their holdings of the company. Financial Life Planners acquired a new stake in Schwab Fundamental International Equity ETF in the first quarter valued at approximately $25,000. Navalign LLC acquired a new stake in Schwab Fundamental International Equity ETF in the 4th quarter valued at $26,000. JPL Wealth Management LLC acquired a new stake in Schwab Fundamental International Equity ETF in the 3rd quarter valued at $26,000. Golden State Wealth Management LLC increased its holdings in Schwab Fundamental International Equity ETF by 76.5% in the 4th quarter. Golden State Wealth Management LLC now owns 607 shares of the company’s stock worth $27,000 after acquiring an additional 263 shares in the last quarter. Finally, TD Capital Management LLC purchased a new stake in Schwab Fundamental International Equity ETF in the 4th quarter worth $36,000.

Schwab Fundamental International Equity ETF Stock Performance

NYSEARCA:FNDF opened at $52.83 on Thursday. The stock has a market capitalization of $24.39 billion, a PE ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a fifty-two week low of $39.67 and a fifty-two week high of $55.17. The company has a fifty day moving average of $53.35 and a two-hundred day moving average of $51.26.

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.